From the New York Times:
Under plans by President Biden and Senator Mitt Romney, children would be worthy of government support, no strings attached.
The United States government helps parents in a few ways — but none of the benefits are simple to get, or available to everyone. The benefits have different eligibility requirements and complicated paperwork. And most come once a year, at tax time, so they may not be as helpful when challenges arise in daily life.
Two new proposals from opposing parties — one from President Biden and one from Senator Mitt Romney — take a very different approach: They would give money to most parents monthly, with basically no strings attached.
Read the story here to get into the weeds.