Black Women Best Framework Points the Way to Equitable and Just State Tax Reform (www.cbpp.org)
States Should Protect Guaranteed Income Initiatives and Other Unrestricted Cash Programs (www.cbpp.org)
Congress Should Revisit 2017 Tax Law’s Trillion-Dollar Corporate Rate Cut in 2025 (www.cbpp.org)
Examining Proposals to Address Housing Affordability, Availability, and Other Community Needs (www.cbpp.org)
Testimony of Peggy Bailey, Vice President for Housing and Income Security, Center on Budget and Policy Priorities, Before the Senate Banking, Housing, and Urban Affairs Committee
The 2017 Trump Tax Law Was Skewed to the Rich, Expensive, and Failed to Deliver on Its Promises (www.cbpp.org)
WIC’s Critical Benefits Reach Only Half of Those Eligible (www.cbpp.org)
Chart Book: Tracking the Recovery From the Pandemic Recession (www.cbpp.org)
Social Security Benefits Are Modest (www.cbpp.org)
Social Security benefits are a perennial target for cuts because the program faces a long-run shortfall. Some lawmakers and opinion leaders mistakenly portray the program’s benefits as lavish. The fact is, benefits are modest and workers have earned them by paying into Social Security — protecting themselves and their...
House Appropriations Bills for 2024 Cut a Swath Through Crucial Programs, Deviate Sharply From Agreed Levels (www.cbpp.org)
The fiscal year 2024 appropriations bills approved by the House Appropriations Committee make major cuts in a wide range of domestic priorities. Among those hardest hit are programs crucial to the well-being of families with low incomes and their children, to public health, to job training and protection of workers’ rights, to...
Speaker Johnson’s Short-Term Funding Bill Leaves Out Needed Additional WIC Funds (www.cbpp.org)
It’s widely known that WIC needs more funding because of increased enrollment and higher food prices. Without a down payment in this continuing resolution on the funding WIC needs, states may start to cut enrollment by creating wait lists and halting outreach.
Policymakers Should Focus on the True Cost of an Item on Corporate Lobby’s Tax Break Wish List (www.cbpp.org)
Corporate lobbyists are “pleading for extension of three key tax breaks” in a year-end tax package, Bloomberg reports — a tax package that Democrats insist must include an expansion of the Child Tax Credit. The three corporate tax breaks on lobbyists’ wish list: immediate expensing of research and experimentation costs...
5 Reasons Why a Debt Commission Is the Wrong Prescription (www.cbpp.org)
House Republicans’ lack of serious interest in finding bipartisan solutions to the nation’s fiscal challenges is exemplified by the House Budget Committee proposing to create a commission in a budget resolution that lays out extreme fiscal policies and that was adopted with only Republican support. The budget resolution...
House Bills Expanding HSAs Would Boost High-Income Tax Breaks — Not Affordability of Care (www.cbpp.org)
Two bills due for House Ways and Means Committee consideration this week contain a slate of provisions that would expand health savings accounts (HSAs) — increasing tax breaks that overwhelmingly benefit high-income people, exacerbating racial and ethnic differences in wealth, and costing over $70 billion combined, without...
House Republican Budget Reflects Disturbing Vision for the Country (www.cbpp.org)
It’s tempting to ignore a budget resolution released just days before the start of the fiscal year that it’s meant to guide, and amid the chaotic debate around a short-term extension of government funding to avoid a shutdown. But House Budget Committee Chair Jodey Arrington’s proposed budget is important for what it...
