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Programs available to children and their parents. Welcome to black irookings. Along with richard reeves, the gentleman to my right, and i codirect the center here called the center on children and families which were extremely pleased to do. And were pleased to be holding this event as well. About an old policy idea which is often called the childrens allowance. A species of guaranteed annual income. With some new twists. Why would be concerned about the childrens allowance, the idea of giving a guaranteed cash benefit to families. And i think there are a lot of reasons but i think two are predominant. One has always been a good reason to do it, and that is it costs a lot of money to raise a child, at least a quarter of a million dollars. The estimates vary greatly. But it is a lot of money to raise children. And theyre the ffew future. Without kids we wouldnt have a future. The second is an issue of debate. Maybe well have some today about that. And that is since welfare reform in 96 ....
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