Financial Times, Jan. 13th 2000, p.9
Reports a proposal by the Clinton administration to help the working poor by expanding low-income tax credits by more than $2bn a year over the next ten years. The proposal would raise the benefits for families with two or more children or two low-income earners. It would cut taxes by an average of $544 per year for about 6.4m working families.
Financial Times, Jan. 19th 2000, p.1
French employers have voted to withdraw from their joint role with the trades unions in running the countries social security funds. They currently have more than 1,900 representatives at national and local level on boards that manage five funds covering health insurance, family allowances, old age pensions, supplementary pensions and unemployment benefits. Employers would prefer to see social security funded out of general taxation and not by high company contributions that they believe inhibit job creation.
Journal of Policy Analysis and Management, vol. 19, 2000, p.93-117
Article uses data from a cross-section of the 1990 Survey of Income and Program Participation to examine the determinants of single mothers' living arrangements and the effect of these living arrangements on their participation in the AFDC program. The data indicate that 62% of single mothers in the US live independently, 16% live with their parents, 12% cohabit with an unrelated man and 11% share housing. Results show that living with parents, cohabiting and sharing with others all have a negative effect an AFDC participation, relative to living independently. Simulations show that reductions in AFDC and food stamps benefit amounts due to time limits or sanctions shift the distribution of living arrangements away from independence or cohabitation to living with parents and also decrease AFDC participation.