The Public Interest

Passing the generational buck

Jagadeesh Gokhale & Laurence J. Kotlikoff

Winter 1994

IN THIS ARTICLE we will investigate the U.S. government’s treatment of children. We will begin with a look at the flow of transfer payments to children, and then consider the government services purchased on their behalf. We will also consider the benefits and services that today’s children will receive in the future, as well as the taxes they will pay when they become adults.

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