Fiscal Policy

Earned Income Tax Credit

REUTERS/Jessica Rinaldi: Katie Busker, 30, clips coupons as her son, Austin Spiker, 6, plays with Legos at the dinner table in Independence, Iowa July 5, 2011. Busker, who receives food stamps and is unemployed due to a disability, lives with her sister, brother-in-law, and niece.

Opinion

Should the US follow the UK to a Universal Credit?

July 10, 2014, Richard V. Reeves

British debates about welfare reform have often been influenced by American ideas. But now the transatlantic traffic in ideas on welfare is going the other way with the U.K.’s introduction of a single, unified system of transfer payments – the Universal Credit – getting attention in regions of D.C. politics. In a new piece for Real Clear Markets, Richard Reeves highlights why this is the case and why it's not the best idea for welfare reform in the U.S.


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