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.
A Closer Look at Who Benefits from SNAP: State-by-State Fact …
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...
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.
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.
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.
Policy Basics: Introduction to the Federal Budget Process
Oct 28, 2024 · Summary. Each year’s budget process in Congress requires, at a minimum, enactment of appropriations covering all discretionary programs. Congress is also likely to pass legislation affecting some mandatory spending, to renew programs if funding is expiring or to change eligibility, benefits, or funding, or to create new programs.
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.
State Budgets Basics | Center on Budget and Policy Priorities
May 24, 2022 · State budget decisions should matter to all of us. State budgets affect the quality of life of workers, families, and communities across the nation ― they decide the fate of roads, schools, health care, public transportation, clean air and water, and much more.
Policy Basics: Where Do Our State Tax Dollars Go?
Most State Dollars Go Toward Education and Health Care. Three areas of spending make up over half of state spending, on average: K-12 education. States are one of the main funders of the nation’s public elementary and secondary schools, which some 51 million students — nine out of ten enrolled school-age children — attend.
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.