Poll: 45% of Respondents in Favor of $2 Trillion American Families Plan

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In April, President Joe Biden introduced his proposed American Families Plan as “an investment in our kids, our families and our economic future.” According to Biden and the White House, the proposal is meant to grow the middle class through a number of measures that include adding at least four years of free education, providing direct support to families to help them pay for child care, establishing a national comprehensive paid family and medical leave program, expanding nutrition assistance and extending tax cuts for families.

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But the proposal comes with a hefty price tag — more than $2 trillion — which will be covered in part by raising taxes on the wealthy. However, some fear that these tax increases could have negative repercussions on small businesses while other critics are wondering where the rest of the money to cover these new initiatives will come from.

Despite these concerns, a recent poll of over 1,700 Americans conducted by GOBankingRates found that 45% are fully in support of Biden’s American Families Plan. When asked, “If enacted, the American Families Plan will cost taxpayers more than $2 trillion. Is it worth it?,” 45% said, “Yes, completely.” In addition, 14% believe that “some of the benefits are worth it.”

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On the flip side, 36% of Americans surveyed said that Biden’s plan is not worth the cost. And a small percentage of the population — 4% — felt that the benefits proposed in the plan should be provided by private companies.

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Women Are More Supportive of the American Families Plan

Nearly half of all women surveyed — 49% — said that the American Families Plan is “completely” worth it, making this the most popular response among women. Although a high percentage of men — 42% — also stated that the plan is worth it, more men — 45% — said that the plan is not worth the cost.

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Older Americans Are Less Supportive of the Plan

When the survey results were broken down by age, the most popular response among all age groups from ages 18 to 64 was that the American Families Plan is completely worth it. However, respondents age 65+ were less supportive — 45% said the plan is not worth the cost and only 38% said it is completely worth the cost.

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Last updated: June 16, 2021

Methodology: An original poll posted to GOBankingRates collected responses from 1,748 people from April 30, 2021 to June 1, 2021. The poll asked respondents “If enacted, the American Families Plan will cost taxpayers more than $2 trillion. Is it worth it?” GOBankingRates used CivicScience to conduct the poll. Results are unweighted. Demographic insights were discovered by comparing respondent profiles across a wide range of attributes. Data was analyzed on June 1, 2021.

 

About the Author

Gabrielle joined GOBankingRates in 2017 and brings with her a decade of experience in the journalism industry. Before joining the team, she was a staff writer-reporter for People Magazine and People.com. Her work has also appeared on E! Online, Us Weekly, Patch, Sweety High and Discover Los Angeles, and she has been featured on “Good Morning America” as a celebrity news expert. 

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