Economics Working Paper 21111
Abstract: This paper presents an analysis of the American Families Plan’s entitlement programs. Overall, the President’s plan would add 6.2 million households, containing 21.3 million persons, to the federal entitlement benefit rolls. The increase would lift the percentage of all non-elderly U.S. households that receive benefits from at least one federal entitlement to over 50 percent. This would be the first time in U.S. history that a majority of working age households are federal entitlement recipients, except perhaps for the pandemic years 2020 and 2021 for which we are yet to have data. Over 40 percent of the plan’s new entitlement benefits would go to households in the top half of the income distribution.
DOWNLOAD: The Impact of President Biden’s American Families Plan on the Federal Entitlement System.pdf
