Fact Sheet Archive
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New Provision in “Tax Extenders” Bill Would Make Health Savings Accounts More Attractive as Tax Shelters
December 7, 2006
In closed-door negotiations on the “tax extenders” package, bipartisan House and Senate negotiators agreed to include an expansion of Health Savings Accounts (HSAs) that would make these accounts more lucrative as tax shelters for high-income individuals. The HSA expansion, which … -
Fact Sheet: Most Americans Treading Water or Falling Further Behind, Consumption Data Show
November 28, 2006
Widely reported data on Americans’ incomes paint a disappointing picture of the current economic expansion, especially for low- and middle-income families. By most measures, Americans’ real (inflation-adjusted) incomes in 2005 were still below their level in the recession year of 2001. Less-well-known data on consumer spending — … -
Fact Sheet: Criticisms of Maine TABOR Paper Inaccurate
October 4, 2006
On October 3, the Maine Heritage Policy Center issued a press release calling “Double Jeopardy for Local Services Under TABOR,” a recent CBPP analysis of Maine’s TABOR proposal, “inaccurate and flawed.” Unfortunately, Heritage provided inaccurate and misleading … -
Fact Sheet: Tax-Cut Reconciliation Agreement Severely Flawed
May 9, 2006
Whether one looks at the conference agreement bill from the standpoint of fiscal responsibility, of budgetary integrity, or of fairness, the agreement is seriously flawed. More, and more, tax cuts. The bill officially costs $70 billion, but the conferees stayed within the $70 billion … -
New Survey Finds 3 To 5 Million Citizens’ Medicaid Coverage Jeopardized By Budget Reconciliation Bill
January 26, 2006
On February 1, the House of Representatives is scheduled to vote on the budget reconciliation agreement, which contains a little-noticed mandate requiring U.S. citizens covered by Medicaid to prove their citizenship by submitting a birth certificate or passport or lose their Medicaid coverage. …
