The Benefits and Costs of Expanding Paid Parental Leave in New York State
This brief provides an estimate of the benefits and costs of paid parental leave given a proposed expansion to New York's paid family leave program.
A Benefit-Cost Analysis of Child Care Subsidy Expansions: The New York State Case
This paper estimates the benefits and costs of a proposed New York State policy reform to provide child care subsidies to families up to three times the federal poverty line while supplementing child care worker compensation, alongside alternative program design options. It estimates a net present value of $12.4 billion in yearly social benefits relative to a yearly cost of $1.6 billion.
The Costs of Cutting Cash Assistance to Children and Families: Changing TANF work requirements could cost society up to $30 billion per year
This benefit-cost analysis examines the potential effects of the Limit, Save, Grow Act (H.R. 2811 in the 118th Congress) that would change state Temporary Assistance for Needy Families (TANF) work participation requirements in ways that could result in states restricting or eliminating TANF cash assistance for families with children. Every $1 in TANF cash assistance payments lost to families per year would cost society $8 per year, with the worst case scenario costing society close to $30 billion per year.
The Benefits and Costs of a U.S. Child Allowance
This benefit-cost analysis of a U.S. child allowance indicates that making the $2000 Child Tax Credit fully refundable and increasing benefits to $3000/$3600 would cost $97 billion per year and generate social benefits of $929 billion per year, a very strong return for the U.S. population.
The Costs and Benefits of Expanding the Empire State Child Tax Credit in New York City
Research finds that cash and near-cash benefits increase children’s health, education, and future earnings while also decreasing costs with respect to health, child protection, and criminal justice. We find that expanding the Empire State Tax Credit to $1,000 per child for all children in New York City under 17, with the exception of high-income families, would cost about $1.1 billion and would generate about $9.8 billion in benefits to society.
The Costs and Benefits of Expanding the Empire State Child Tax Credit
Research finds that cash and near-cash benefits increase children’s health, education, and future earnings while also decreasing costs with respect to health, child protection, and criminal justice. We find that expanding the Empire State Tax Credit to $1,000 per child for all children in New York State under 17, with the exception of high-income families, would cost about $2.7 billion and would generate about $26.2 billion in benefits to society.