WASHINGTON — U.S. President Joe Biden on Thursday unveiled a $1.85 trillion spending plan he said would provide the “most transformative” aid to American families in decades and, at the same time, set the United States on a path toward sharply cutting its greenhouse gas pollution. Biden laid out the plan — about half the amount […]
Although the United States is spending more on welfare than ever before, most of that money is going to better-off families rather than the very poorest. Robert A. Moffitt, the Krieger-Eisenhower professor of economics at Johns Hopkins University, found that the U.S. has gotten more generous over time in supporting low-income families, spending 74 percent […]