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BEYOND THE NUMBERS
In Case You Missed It . . .
This week at CBPP, we focused on state budgets and taxes, housing, federal tax, the federal budget, and health.
- On state budgets and taxes, Samantha Waxman, along with Carl Davis and Erika Frankel of the...
House Bills Will Tighten Squeeze on Non-Defense Appropriations
The Republican majority on the House Appropriations Committee is pursuing cuts in non-defense appropriations for 2025 that would deepen funding shortfalls — resulting in a cumulative 22 percent cut in funding for non-defense programs outside...
Federal Report: ACA Dramatically Increased Health Coverage
The Affordable Care Act (ACA) dramatically improved health insurance coverage rates, and recent decisions by Congress and the Administration related to its implementation have boosted both coverage and affordability, according to a new report from...
Record Stock Buybacks Bolster Case for Raising Corporate Tax Rate
Rather than use their windfalls from the 2017 tax law’s corporate tax cut to increase wages for rank-and-file workers, corporations have boosted stock buybacks, which will exceed $1 trillion in 2025, according to a recent...
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CBPP
In Case You Missed It . . .
This week at CBPP, we focused on the federal budget, food assistance, and the economy.
- On the federal budget, Richard Kogan, Joel Friedman, Sharon Parrott, and Sarah Calame explained that more revenue is required to...
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CBPP
In Case You Missed It . . .
This week at CBPP, we focused on housing, poverty and inequality, and state budgets and taxes.
- On housing, Anna Bailey, Peggy Bailey, and Erik Gartland described how policymakers can solve homelessness by scaling up rental...
Kentucky Legislators Admit Plan to Eliminate Income Tax Doesn’t Add Up, Abandon Efforts
Kentucky Speaker of the House David Osborne admitted in late May that state Republicans’ plan to eliminate the personal income tax doesn’t add up. He said the General Assembly will abandon its efforts to ratchet...
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CBPP
In Case You Missed It . . .
This week at CBPP, we focused on health, federal tax, and state budgets and taxes.
- On health, Gideon Lukens noted that health insurance costs will spike if premium tax credit enhancements are allowed to...
States Should Make Tax Filing Easier for Millions by Participating in Direct File
June 11, 2024: This post has been updated.
On May 30, the IRS announced that following the success of the federal Direct File pilot, the Direct File option will be available permanently. This...
States Should Reverse Course on Defunding Public Education Through Private School Vouchers and Property Tax Cuts
During this year’s legislative sessions, at least one in three states are considering or have enacted school voucher expansions alongside broad, untargeted property tax cuts. Over half of states have already enacted deep personal and...