Policy Impact Analysis - 117/S/4868

Bill Overview

Title: Providing for Life Act

Description: This bill revises various programs and supports for families and children related to taxes, health, and other benefits. First, the bill increases the child tax credit to a maximum of $3,500 per child ($4,500 per child under the age of six) and makes permanent the increased income threshold over which the credit phases out. The bill further eliminates the federal deduction for certain state and local taxes (SALT deduction) and makes the adoption tax credit refundable. The bill allows parents to use a portion of their Social Security benefits for up to three months of paid parental leave after the birth or adoption of a child. Additionally, the bill requires Supplemental Nutrition Assistance Program (SNAP) recipients to cooperate with states in establishing child support orders. It also provides additional workforce training for noncustodial parents with child support obligations. States must establish requirements for the biological father of a child to pay, at the mother's request, at least 50% of reasonable out-of-pocket medical expenses associated with the mother's pregnancy and delivery. The bill requires institutions of higher education to provide students with certain information about the resources and services (excluding abortion services) available to pregnant students. Additionally, the bill provides grants for community-based maternal mentoring programs and for pregnancy resource centers that do not provide abortions; requires the Department of Health and Human Services to publish a website with specified pregnancy-related information; and extends from one to two years the postpartum benefit eligibility period under the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC).

Sponsors: Sen. Rubio, Marco [R-FL]

Target Audience

Population: People in families, particularly those with children, impacted by revised tax and social support provisions

Estimated Size: 100000000

Reasoning

Simulated Interviews

Nurse (Chicago, IL)

Age: 29 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 12/20

Statement of Opinion:

  • The increase in the child tax credit will help our family save more for our children's education.
  • Having access to paid leave is a relief as it takes off some financial pressure during childbirth.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 7
Year 5 8 7
Year 10 9 8
Year 20 9 9

Unemployed (Rural Alabama)

Age: 34 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 3.0 years

Commonness: 8/20

Statement of Opinion:

  • The job training programs might help me find a better job to support my kid.
  • I'm concerned about being forced into working with the child support system, but if it helps my child, I support it.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 6 4
Year 3 6 5
Year 5 5 5
Year 10 5 5
Year 20 4 4

Tech Consultant (New York City, NY)

Age: 38 | Gender: other

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 10/20

Statement of Opinion:

  • Losing the SALT deduction will increase our tax burden, negating some benefits of this Act for us.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 7
Year 2 6 7
Year 3 6 7
Year 5 7 7
Year 10 7 8
Year 20 8 8

College Student (Austin, TX)

Age: 22 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 3.0 years

Commonness: 4/20

Statement of Opinion:

  • The information and resources provided by my university really helped me plan for my pregnancy.
  • I look forward to the extended WIC benefits which will be a big help after the baby arrives.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 6
Year 5 8 7
Year 10 9 8
Year 20 9 8

Teacher (Arizona)

Age: 45 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 15/20

Statement of Opinion:

  • The change in child tax credit positively impacts our financial planning.
  • The SALT deduction removal is concerning given our state's tax setup.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 8 7
Year 10 8 8
Year 20 9 8

Waitress (Los Angeles, CA)

Age: 26 | Gender: female

Wellbeing Before Policy: 3

Duration of Impact: 7.0 years

Commonness: 7/20

Statement of Opinion:

  • Having to cooperate with child support orders adds more bureaucracy but hopefully helps in the long run.
  • The increase in child tax credit will help ease my financial burdens.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 3
Year 2 6 4
Year 3 6 5
Year 5 7 6
Year 10 8 7
Year 20 8 7

Freelancer (Houston, TX)

Age: 30 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 3.0 years

Commonness: 9/20

Statement of Opinion:

  • Being able to use Social Security benefits for parental leave is a great support for freelancers like me.
  • Child tax credit just made starting a family more financially viable.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 6
Year 5 8 6
Year 10 8 7
Year 20 9 8

Social Worker (Seattle, WA)

Age: 55 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 1.0 years

Commonness: 6/20

Statement of Opinion:

  • As I do not have children, most aspects of the policy do not affect me directly.
  • I appreciate the community grants, as they improve the support services I'm involved with.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 8
Year 5 8 8
Year 10 8 8
Year 20 9 9

Small Business Owner (Boston, MA)

Age: 40 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 11/20

Statement of Opinion:

  • The refundable adoption tax credit eases our financial burdens from adoption fees.
  • Paid parental leave using Social Security benefits is a huge plus for small business owners like me.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 9 8
Year 5 9 8
Year 10 9 9
Year 20 9 9

Construction Worker (Atlanta, GA)

Age: 48 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 13/20

Statement of Opinion:

  • The extra child tax credit and extended WIC benefits significantly relieve some financial pressure.
  • I am somewhat concerned about state-coordinated SNAP benefits additions.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 9 8
Year 20 9 8

Cost Estimates

Year 1: $4000000000 (Low: $3500000000, High: $4500000000)

Year 2: $4100000000 (Low: $3600000000, High: $4600000000)

Year 3: $4200000000 (Low: $3700000000, High: $4700000000)

Year 5: $4500000000 (Low: $4000000000, High: $5000000000)

Year 10: $5000000000 (Low: $4500000000, High: $5500000000)

Year 100: $5500000000 (Low: $5000000000, High: $6000000000)

Key Considerations