Trump’s Great Law provides tax credits for children and Trump accounts for new iron

Many middle -class and wealthy families will see benefits of new legislation, but programs that help low -income families maintain children’s health. While state funds are funded by public schools and pre -school school in some cases, programs that support young children are largely supported by the federal government.

The law extends the tax cuts approved by Trump during his first term in his post and pours other billions in border security, as the president seeks to expand the campaign of repression on immigration. To pay the price of these initiatives, the law reduces medicaid and Food stamps – Programs on which poor families rely with children – for more than $ 1 trillion.

The Republicans, which Republicans called “the beautiful draft law” of Trump, are scheduled to achieve some gains for families that have children. It increases tax credits, including those that now allow parents to deduct up to $ 2,200 per child of their tax bills. And present Investment accounts For the new iron, they are called “Trump accounts”, each of which is made of $ 1,000 from the government.

However, defenders say they are not compensating for children to lose under the new law. They fear what comes after that, as the following Trump budget suggests more discounts for programs that help parents and infants.

Medical aid discounts can add to families

More than 10 million Americans depend on Medicaid Healthcare. About 40 % of births are covered by medicaid. Newborn, also, qualified for that when mothers have.

The new law does not take young children or their parents from Medicaid. It undertakes the requirements of Medicaid for adults and adults who have children over 13 years of age. But pediatricians warn that the cuts will feel wide, even by those who do not use Medicaid.

Medicaid discounts are expected to put financial pressure on health care providers, forcing them to reduce their less profitable services. This is often pediatrics, as young patients are likely to use medicaid.

The effects of ripples can exacerbate the shortage in pediatricians and hospital beds for children.

“Any discounts in this program will fade and affect children, whether they are children’s practices that depend on Medicaid to be able to stay open or children’s hospitals,” said Costilo.

Countries also use medicaid to pay the costs of programs that go beyond traditional medical care, including treatments for young children with disabilities. Under the new law, the states will put a larger part of the Medicaid Bill, which means that optional programs are at risk of discounting.

Defenders are concerned that if an adult loses Medicaid coverage, this may increase home pressure and make it difficult for parents to meet his expenses, both of which can negatively affect young people. Parents who lose their health insurance are less likely to take their children to the doctor.

“When parents lose their health insurance, they often believe that their children are no longer eligible, even if this is not the case,” said Sinatia Osborne, professor of early education and executive director of the prenatal political influence center to Vanderbel University.

The law increases the tax credits of qualified parents

The law increases the tax credit of children to $ 2,200 per child, up from $ 2000. But parents who do not earn enough to pay the income tax will not see the benefit, and many will only see a partial benefit.

This procedure also contains two rulings aimed at helping families to pay the costs of child care, which in many places costs more than a mortgage. First, it enhances the tax credit that parents receive to spend money on child care. The bill also expands a program that gives companies tax credits to provide child care to their employees.

Both procedures have generally criticized the benefit from the largest companies and the richer families.

“It is a tax break for companies,” said Bruce Leslie, head of the Dawa Group for the first time. “It makes the care of their children depend on the work owner with a credit owner.”

Trump accounts will be opened for $ 1,000 for a baby

The law launches a program that creates investment accounts for newborns. Trump accounts should be ranked for $ 1,000 from the government, and children will be able to use money when they are adults to start a new business, put money towards a house or go to school.

Unlike other small bond software, which generally targets deprived groups, the federal program will be available to families of all income.

Supporters of the program photographed accounts as a way to give young people a boost with their arrival at adulthood and teaching them the benefits of investment. Critics have argued that families in poverty have more urgent needs and that their children should get greater gifts if the goal is to help settle the stadium.

The food aid program faces discounts

The supplementary nutrition aid program (SNAP) faces the largest reduction in its history under the law. For the first time, it will require parents to work to qualify for the benefit if their children are 14 years old or older. But even families with younger children can feel influenced.

The law kicks some immigrants – including those who have a legal status – of food aid. It makes it difficult for individuals to qualify by changing how to consider their benefit bills.

pop It was historically funded by the federal government, but under the new law, the states will have some financial burden. Katie Berg, the higher policy analyst at the Budget and Politics Priority Center, said governments suffering from financial hardship can decide to implement new requirements that would make it difficult for people to qualify. Some countries may decide to get out of the program completely.

“When young children lose access to this healthy nutrition, this affects them for the rest of their lives,” said Berg. “This bill is far from a long commitment at the country level by ensuring that low -income children in each state can obtain the nutritional assistance they need.”