Each piece of legislation considered by the US Congress receives a score from the Congressional Budget Office, which estimates the cost of the legislation within a ten year budget window. However, this approach neglects the long-term benefits of income support and social safety net programs, writes Hilary Hoynes in a new piece for Equitable Growth. Read the full article.
Hilary Hoynes testifies to the House Budget Committee
O-Lab Director Hilary Hoynes testifies to the House Budget Committee, reviewing research that shows safety net programs for children are cost-effective investments with long-term impacts on children’s life outcomes. Read the report and watch the hearing here.