To Get Reconciliation Right, Target the Citizens Who Need Help Most

“Congressional Democrats face many hard choices as they seek to fit an ambitious agenda of social spending on child care, college education and health care into a reconciliation bill with a maximum cost of roughly $2 trillion over 10 years. It is clear, however, that the proposed programs are simply too pricey if lawmakers want to make them permanent and available to all.

Policymakers can reduce costs by targeting subsidies to those most in need or by requiring some form of income-related contribution. A sustainable and responsible fiscal policy requires hard choices, not the addition of free benefits for all.”

Read the full article here.