Publications on Economic Well-Being

Kids' Share 2008, a second annual report, looks comprehensively at trends in federal spending and tax expenditures on children. This appendix details our data sources, the programs we include, and the methodology used to estimate the percentage of all expenditures that went to children.

Children are a diminishing priority in the federal budget, a study from the Urban Institute and New America Foundation shows. If current spending and revenue policies continue, the children’s share of domestic federal spending-which excludes defense, non-defense homeland security, and international affairs-will be 13.8 percent in 2018, down from 16.2 percent in 2007 and 20.2 percent in 1960.

One way to achieve an ownership society is to endow all children with savings accounts starting at birth. This report shows that specific design features of a children's savings account program will impact the distribution of wealth. For example, non-taxability of account earnings distributes significantly more benefits to higher-income groups than to lower-income groups. Also, because many families experience mobility over their lifetimes, a significant portion of benefits conditioned on low annual income will accrue to middle- and higher-income families. Regardless, these accounts could be important in getting children banked and teaching them the value of saving and compound interest.

The increasing recognition of the importance of marriage for the social and economic well-being of children has led to demonstrations aimed at strengthening and stimulating healthy marriages. The next step is to ensure that factors closely linked with healthy marriages are addressed as well. This paper brings together research findings and policy ideas about the interactions between marriage, employment, and family functioning. It presents a framework and proposes several demonstrations aimed at improving employment and family outcomes for disadvantaged populations. The appendix reviews an extensive body of research on specific linkages between marriage, employment, and family functioning.

This study examines employment outcomes for youth who age out of foster care through their middle twenties in three states: California, Minnesota, and North Carolina. The study linked child welfare, Unemployment Insurance (UI), and public assistance administrative data to assess outcomes. Results suggest that youth who age out of foster care continue to experience poor employment outcomes at age 24 and generally follow one of four employment trajectories as they transition to adulthood.