Plus, artificial intelligence in health care and the African Growth and Opportunity Act.
The new Child Tax Credit deal is only a start During the pandemic, a temporary expansion of the Child Tax Credit (CTC) reportedly reduced the childhood poverty rate in America by nearly half. In an effort to continue this momentum, House Ways and Means Committee Chairman Jason Smith (R-Mo.) and Senate Finance Committee Chairman Ron Wyden (D-Ore.) announced the framework for a bipartisan tax bill that would include new reforms to the CTC, increasing the amount of credit that can be provided to families through 2025. Despite the positive impacts these reforms may have for many children, they are far less generous to America's lowest-income families than the 2021 CTC expansion. In a new analysis, Tara Watson breaks down the proposed reforms, where they fall short, and why more is needed from U.S. lawmakers to truly lift children out of poverty. | More research and commentary The human factor. The impact of artificial intelligence (AI) on health outcomes will be shaped not just by the sophistication of the tools, but by external "human factors" as well. Matt Kasman, Adam Sedlak, and Ross A. Hammond share a new model which simulates how patients might respond to an AI-powered health care system. What if South Africa is left out of AGOA? There is an ongoing debate about whether South Africa should be excluded from the African Growth and Opportunity Act (AGOA) when the trade program is renewed in 2025. Grace Baskaran explains how both South Africa and the United States would be affected by this decision. | The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars. | |