Get more money to new parents

You’ve heard of the proposed “baby bonus,” in which Uncle Sam cuts a check to new parents upon the birth of their child.

You’ve heard of the “Trump Accounts,” in which the Treasury puts $1,000 into a tax-preferred savings account for each American child born.

PAYING PARENTS TO HAVE BABIES

Both ideas have their supporters and detractors, and they both have their positives and negatives.

Here’s another idea, from a new policy hub published by the Center for Opportunity and Social Mobility housed at the American Enterprise Institute, where I am a senior fellow: Matt Weidinger and Katharine Stevens propose allowing parents to move forward some of their child tax credit into those first years.

“Parents are often most economically vulnerable when their children are young and dependent on outside childcare or in need of a stay-at-home parent,” the scholars note. “The decision to have a child is a difficult one,