Reframing Benefits Cliffs: Solutions for an Inclusive Recovery - October 15, 2020

Reframing Benefits Cliffs: Solutions for an Inclusive Recovery - October 15, 2020

Hosted virtually by the Federal Reserve Bank of Atlanta

This summit reconsiders benefits cliffs in light of three changes. First, the issue of benefits cliffs has long been recognized as a barrier to economic mobility for lower-income families. However, solutions to the benefits cliff are no longer being viewed in isolation, but rather as part of an overall approach to support workers on the path to economic self-sufficiency. Second, there is growing recognition that benefits cliffs go well beyond a social services problem—and reflect a workforce and economic development problem that affects business and the taxpayer. In addition, workforce development policies must now focus on those who are hardest to serve and whom COVID-19 has displaced. Third, policymakers—challenged by COVID-19 and renewed attention to longstanding inequities in the labor market—are thinking how best to respond, given current economic and societal contexts.

If you have any question, please contact Valerie Crosby, Research Department, Federal Reserve Bank of Atlanta, Valerie.Crosby@atl.frb.org.

Virtual Agenda

Welcome
David E. Altig, executive vice president and director of research, Federal Reserve Bank of Atlanta
Carlis V. Williams, regional administrator, Region IV, Administration for Children & Families, U.S. Department of Health and Human Services
Section I: Reframing How We Understand Benefits Cliffs and Their Impact on Families

"Equity, the Economy, and Benefits Cliffs"
Raphael Bostic, president and chief executive officer, Federal Reserve Bank of Atlanta

"Benefits Cliffs and the Economy Post-COVID"
David E. Altig

Moderated Q&A
Section II: Featured Speakers

"Benefits Cliffs as a Workforce Development Problem"
Nick Moore, Alabama Governor's Office of Education and Workforce Transformation

"A Systems Approach to Benefits Cliffs"
Maggie Mickler, Florida Department of Children and Families

Moderated Q&A
Section III: Panel Discussion

"A Community Approach"
Pam Bates, East Like Initiative/ThriveJC
Richard B. Barr, South Carolina Center for Fathers and Families
James Pasley, Waccamaw Economic Opportunity Council
Michele Watson, Florida Children's Council

Moderated Q&A
Section IV: Closing

"Bringing It All Together and Next Steps"
Dave E. Altig and Carlis V. Williams

Adjournment