Add CDCTC single parent work requirement reform analysis#109
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daphnehanse11 wants to merge 8 commits intoPolicyEngine:mainfrom
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Add CDCTC single parent work requirement reform analysis#109daphnehanse11 wants to merge 8 commits intoPolicyEngine:mainfrom
daphnehanse11 wants to merge 8 commits intoPolicyEngine:mainfrom
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Analyzes a reform that makes families eligible for CDCTC if at least one parent works (vs both parents under current law). Key findings (2026): - Additional cost: ~$0.74B (+12.7%) - New claimants: ~0.92M families - Average benefit for new claimants: ~$658 Co-Authored-By: Claude Opus 4.5 <noreply@anthropic.com>
- Updated cost estimate to $0.74B (was $0.7-1.4B) - Updated claimant count to 920,000 (was 1-2M) - Added note about average credit reduction - Added implementation note explaining cdcc_relevant_expenses override Co-Authored-By: Claude Opus 4.5 <noreply@anthropic.com>
States with federal CDCC matches are also affected: - South Carolina: +$28.6M (+59.9%) - Rhode Island: +$0.6M (+9.8%) - Total state impact: ~$29M Co-Authored-By: Claude Opus 4.5 <noreply@anthropic.com>
Key findings: - 12 states affected by the reform - California: +$142M (largest impact) - South Carolina: +$29M - Maryland: +$20M (combined) - Total state impact: ~$204M - Combined federal + state: ~$944M Sources: NCSL, First Five Years Fund Co-Authored-By: Claude Opus 4.5 <noreply@anthropic.com>
Demonstrates how a one-earner family in SC benefits from both: - Federal CDCC under the reform - SC state CDCC (7% of federal) Co-Authored-By: Claude Opus 4.5 <noreply@anthropic.com>
Co-Authored-By: Claude Opus 4.5 <noreply@anthropic.com>
…or states - Use income_tax change for federal budgetary impact (-$437M) - Use state_cdcc aggregated variable for total state impact ($198M) - Simplified state-by-state breakdown using direct variable calculations - Updated summary with accurate metrics Co-Authored-By: Claude Opus 4.5 <noreply@anthropic.com>
CDCC cost is the gross credit increase, income_tax change is lower because CDCC is non-refundable (can only reduce liability to $0) Co-Authored-By: Claude Opus 4.5 <noreply@anthropic.com>
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Analyzes a reform that makes families eligible for CDCTC if at least one parent works (vs both parents under current law).
Key findings (2026):