U.S. Economy
Hutchins Center Fiscal Impact Measure
The Earned Income Tax Credit (EITC), created by Congress in 1975 and expanded several times since, has grown into one of the nation’s largest anti-poverty programs, providing cash to millions of working, low-income families.
On June 3, the Hutchins Center on Fiscal and Monetary Policy and the Center for Economic Security and Opportunity at Brookings discussed the economic and social impact of the EITC, as well as the Child Tax Credit, which was created in 1997 and expanded temporarily during the COVID-19 pandemic.
Participating included Jacob Bastian of Rutgers University, Jim Sullivan of the University of Notre Dame, Henrik Kleven of Princeton University, and Hilary Hoynes of UC-Berkeley.
Viewers asked questions in advance by emailing [email protected] and on X @BrookingsEcon using #EITC.
Agenda
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June 3
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Welcome and introduction
David Wessel Director - The Hutchins Center on Fiscal and Monetary Policy, Senior Fellow - Economic Studies @davidmwessel -
Panel discussion
Jacob Bastian Nonresident Senior Fellow - Economic Studies, Urban-Brookings Tax Policy Center @jacobbastian25
Hilary Hoynes Chancellor's Professor of Public Policy and Economics - University of California Berkeley
Henrik Kleven Lynn Bendheim Thoman, Class of 1977, and Robert Bendheim, Class of 1937, Professor of Economics and Public Affairs - Princeton University
James Sullivan Professor of Economics - University of Notre DameModerator
David Wessel Director - The Hutchins Center on Fiscal and Monetary Policy, Senior Fellow - Economic Studies @davidmwessel
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