The 2017 Trump Tax Law Was Skewed to the Rich, Expensive, and …
Jun 13, 2024 · Policymakers and the public should understand that the 2017 Trump tax law was skewed to the rich, was expensive and eroded the U.S. revenue base, and failed to deliver promised economic benefits. A 2025 course correction is needed.
Chart Book: Tracking the Recovery From the Pandemic Recession
Apr 3, 2024 · Relief Legislation, Better Virus Control Key to Solid Jobs Recovery. Total nonfarm employment fell by 1.4 million jobs in March 2020 and a staggering 20.5 million jobs in April, creating a 22 million jobs deficit since the start of the recession and largely erasing the gains from a decade of job growth.
A Closer Look at Who Benefits from SNAP: State-by-State Fact …
Feb 13, 2023 · The Supplemental Nutrition Assistance Program (SNAP, formerly known as food stamps) is the nation’s most important anti-hunger program, reaching 38 million people nationwide in 2019 alone. These...
Policy Basics: Deficits, Debt, and Interest
Nov 20, 2024 · Deficits (or surpluses), debt, and interest are three central budget concepts. For any given year, the federal budget deficit is the amount of money the federal government spends minus the amount of revenue it takes in.
Medicaid Expansion: Frequently Asked Questions
Jun 14, 2024 · Expansion is a good financial deal for states even without the added incentives from the American Rescue Plan. According to recent Urban Institute estimates that do not include the Rescue Plan financial incentive, if the ten remaining non-expansion states fully implemented Medicaid expansion in 2024, their Medicaid spending would increase by 3 percent or $1.5 billion.
Economic Growth: Causes, Benefits, and Current Limits
Apr 27, 2017 · The beneficiaries don’t fit anyone’s reasonable definition of a small business. They include hedge fund managers, consultants, and investment managers, who are among the pass-through business owners currently in the 39.6 percent tax bracket; the 400 highest-income taxpayers in the country, who have annual incomes exceeding $300 million each and receive …
Homepage | Center on Budget and Policy Priorities
The Center on Budget and Policy Priorities (CBPP) is a nonpartisan research and policy institute that pursues federal and state policies designed both to reduce poverty and inequality and to restore fiscal responsibility in equitable and effective ways.
SNAP: State by State Data, Fact Sheets, and Resources
Feb 13, 2023 · This page contains links to resources and fact sheets organized by state.
Policy Basics: Introduction to Medicaid | Center on Budget and …
In 2018, Medicaid provided health coverage for 97 million low-income Americans over the course of the year. In any given month, Medicaid served 32 million children, 28 million adults (mostly in low-income working families), 6 million seniors, and 9 million people with disabilities, according to Congressional Budget Office (CBO) estimates.
Addressing the Affordable Housing Crisis Requires Expanding …
Oct 27, 2022 · Closing the housing affordability gap will require a comprehensive housing strategy, including developing new units, preserving existing affordable housing, and expanding rental assistance. Expanding the Housing Choice Voucher program would most immediately help renters absorb cost increases.