Press Release Archive
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Press Release: New Long-Term Deficit Projections Paint Grim Picture
December 16, 2008
The nation faces a grim long-term budget outlook even after the economy recovers from the current recession, with the prospect of skyrocketing deficits and debt in the coming decades that will far eclipse all previous levels, the Center on Budget and Policy Priorities reported today. Driving this grim outlook are at least three factors: (1) … -
Press Release: Many States Tax Working-Poor Families Deeper Into Poverty
October 29, 2008
Poor families faced income tax bills that pushed them deeper into poverty last year in nearly half of the states with an income tax, according to a new report from the Center on Budget and Policy Priorities. Income tax bills on poor families in those 18 states range from a few dollars to several … -
Press Release: “Measure 2” Would Set up North Dakota for Future Bust, Not Long-Term Growth
September 18, 2008
A ballot measure to cut taxes that North Dakota voters will consider this November could create major budget problems and hamper investments needed for long-term economic growth, according to a new report by the Center on Budget and Policy Priorities, a nonpartisan policy research organization based in Washington, DC. The measure is among the most radical such … -
Press Release: New York Shouldn't Look to Massachusetts as a Model for Property Tax Reform, Report Shows
May 21, 2008
With New York’s Commission on Property Tax Relief planning to recommend that the state impose a rigid cap on property taxes for education based on Massachusetts’ Proposition 2 ½, a new report from the Washington, D.C.-based Center on Budget and Policy Priorities describes the problems the law has … -
Press Release: Mississippi's Income Inequality Among Nation's Worst
April 9, 2008
The gaps between the incomes of the rich and the poor, and the rich and the middle class, have grown more in Mississippi since the late 1990s than in any other state, according to a new study by the Center on Budget and Policy Priorities and the Economic Policy Institute, two Washington, DC-based … -
Press Release: Income Inequality Grew in Most States Over Past Two Decades
April 9, 2008
The gap between the richest and poorest families, and between the richest and middle-income families, grew significantly in most states over the past two decades, according to a new study by the Center on Budget and Policy Priorities and the Economic Policy Institute. In fact, the nation’s … -
Press Release: Most Large Iowa Manufacturers Already Comply With Proposed Corporate Tax Reform in Other States
April 3, 2008
Almost all major Iowa manufacturers maintain facilities in other states that have adopted a corporate tax reform measure known as “combined reporting” — including several outspoken opponents of Governor Culver’s proposal to adopt combined reporting in Iowa, according to … -
Press Release: Commission's Revenue Cap Proposal Would Require Cuts in Education, Health, and Safety, and Harm Business Climate
March 21, 2008
Florida would likely suffer significant cuts in education, public health, public safety, infrastructure and other priorities under the revenue cap proposal the Taxation and Budget Reform Commission will consider on Wednesday, March 26, according to the Washington, DC-based Center on Budget and Policy Priorities (CBPP). The constitutional … -
Press Release: Idaho Stands Alone in Denying Grocery Tax Credit to Those Who Need it Most
February 28, 2008
With a slowing economy increasing the threat of hunger for many Idaho families, lawmakers should extend the state’s grocery tax credit to those who need it the most, according to a new report from the Washington, DC-based Center on Budget and Policy Priorities. Such action would undo a dubious …
