When President Biden expanded the nation’s Child Tax Credit in March, US Senator Michael Bennet applauded the move. Bennet, a democrat from Colorado, has been working to increase support for families since he introduced the American Family Act in Congress in 2017. Now he wants to make the Credit, which pays most American families $250 or $300/child each month, permanent. He says it will cut childhood poverty in half. Still, Republicans reject an effort to extend it saying it’s a waste of taxpayer money and costs American jobs. Bennet speaks with Etsy CEO Josh Silverman about the role of the Federal Government and the private sector in assisting today’s families. They’re interviewed by Marketplace’s Samantha Fields.
This conversation was part of the Global Inclusive Growth Summit held online October 14.
“Aspen Ideas to Go” is a weekly show featuring fascinating speakers who have presented at the Aspen Ideas Festival and other public programs offered by the Aspen Institute. For a curated listening experience, subscribe to the podcast on Apple Podcasts or find an archive of episodes here.
As a 501(c)(3) nonprofit organization, the Aspen Institute is nonpartisan and does not endorse, support, or oppose political candidates or parties. Further, the views and opinions of our guests and speakers do not necessarily reflect those of the Aspen Institute.
