Referred to the House Committee on Ways and Means.
The bill creates a Social Security–administered Family Income Supplemental Credit (FISC) that pays monthly cash to qualified pregnant women (after 20 weeks) and to one qualified caregiver per eligible child. Payments are $800 per month for pregnancies, $400 per month for children under 6, and $250 per month for children 6 and older, with a 20% marriage bonus and a phase-out above specified AGI thresholds.
Progressives emphasize anti-poverty and predictability benefits
Relative to its intended legislative type, this bill is a substantive statutory rewrite that establishes a new monthly benefit program for pregnancies and children and repeals the child tax credit.
The bill creates a Social Security–administered Family Income Supplemental Credit (FISC) that pays monthly cash to qualified pregnant women (after 20 weeks) and to one qualified caregiver per eligible child.
Payments are $800 per month for pregnancies, $400 per month for children under 6, and $250 per month for children 6 and older, with a 20% marriage bonus and a phase-out above specified AGI thresholds.
The measure also repeals the federal Child Tax Credit (section 24 of the IRC), makes conforming tax-law edits, requires SSA reporting, creates a Bureau of Family Statistics within SSA, and funds the program by appropriations as necessary, effective starting the first month at least one year after enactment.
Large programmatic and tax-code overhaul with major cost and partisan salience; historically difficult to enact without broad bipartisan deal or budget reconciliation vehicle.
Relative to its intended legislative type, this bill is a substantive statutory rewrite that establishes a new monthly benefit program for pregnancies and children and repeals the child tax credit. It specifies eligibility criteria, benefit amounts, phase-out mechanics, responsible agency (Commissioner of Social Security), creation of an internal Bureau, and reporting obligations. It leaves many operational, fiscal, and transitional details to regulation or appropriations without providing statutory specificity.
Progressives emphasize anti-poverty and predictability benefits
These are examples from the analysis, not a ranked list of the most-affected groups.
Progressives emphasize anti-poverty and predictability benefits
Likely broadly supportive because it provides regular cash support to pregnant people and families with young children, aiming to reduce material hardship.
Concerned about the repeal of the Child Tax Credit and whether replacement payments are as generous and reach the same families; will want assurances on benefit reach and adequacy.
Mixed view: appreciates targeted monthly assistance and built-in reporting, but is cautious about cost, implementation, and replacing an established tax credit.
Will seek fiscal estimates, clear transition rules, and administrative capacity plans before committing support.
Likely opposed overall: opposes adding an ongoing federal benefit program and increased SSA responsibilities.
Some conservatives may welcome repeal of the Child Tax Credit, but most will see the bill as a large new entitlement with unclear offsets and administrative expansion.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Large programmatic and tax-code overhaul with major cost and partisan salience; historically difficult to enact without broad bipartisan deal or budget reconciliation vehicle.
The bill has not accumulated any surfaced votes yet.
Progressives emphasize anti-poverty and predictability benefits
Large programmatic and tax-code overhaul with major cost and partisan salience; historically difficult to enact without broad bipartisan de…
Relative to its intended legislative type, this bill is a substantive statutory rewrite that establishes a new monthly benefit program for pregnancies and children and repeals the child tax credit. It specifies eligibil…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.