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Van de Water Testifies: Health Reform Will Strengthen Nation’s Economy

February 9, 2011

Paul Van de Water testified today before the House Committee on Education and the Workforce to discuss the impact of health reform (i.e., the Affordable Care Act) on jobs, the economy, and the workforce. Van de Water said the Affordable Care Act (ACA) “will significantly strengthen our nation’s economy over the long haul, although initially its effects will be modest.” Here are a few other important takeaways from his testimony:

Iris Lav Testifies on State Budgets, Debt, and Practical Solutions

February 9, 2011

Senior Analyst Iris Lav testified today before a House Oversight subcommittee on the large budget gaps that states face, misconceptions about long-term issues like pensions and debt, and what states should do to address their various financial challenges.

Q & A: Troubling Trends in Governors’ Budget Proposals

February 8, 2011

Erica Williams, policy analyst with the Center’s State Fiscal Project, discusses troubling trends she’s seeing with governors’ new budget proposals:

States Cutting Jobs, Hurting Economic Recovery

February 7, 2011

Cuts in services at the state and local level continue to act as a drag on economic growth, and will continue to do so in the coming year - unless there is a significant course correction by policymakers.

In Case You Missed It...

February 5, 2011

This week on Off the Charts, we focused on the federal budget, the economy, health care, state budgets, and taxes.

States Need to Get Better Prepared for the Next Rainy Day

February 3, 2011

Storms can show you how strong the roof of your house is. A fiscal storm – like the one states have just experienced -- can serve a similar purpose.

The stormy economy of the last decade has both highlighted the importance of state “rainy day funds” – budget reserves to protect states from the effects of unexpected revenue declines or spending increases – and revealed some of their flaws as we explain in our new report, "Why and How States Should Strengthen Their Rainy Day Funds."

Excerpt of Paul Van de Water’s briefing on Corker-McCaskill Spending Cap

February 2, 2011

We briefed reporters this afternoon about the new proposal from Senators Bob Corker (R-TN) and Claire McCaskill (D-MO) to limit total federal spending to 20.6 percent of GDP, the average from 1970 to 2008. Explaining why this proposal would force draconian cuts in Social Security, Medicare, and many other programs and make it harder for the nation to recover from recession, here’s some of what Paul Van de Water had to say:

Corker-McCaskill Spending Cap the Wrong Answer to Budget Challenges

February 1, 2011

We just issued an analysis of the new proposal from Senators Bob Corker (R-TN) and Claire McCaskill (D-MO) to limit total federal spending to 20.6 percent of GDP, the average from 1970 to 2008. As our report explains, the proposal would force draconian cuts in Social Security, Medicare, and many other programs while making it harder for the nation to recover from recession:

Q & A: The Commerce Department’s Report on GDP and What It Means for the Economy and Job Creation

February 1, 2011

Chad Stone, the Center’s Chief Economist, discusses what the Commerce Department’s new report on gross domestic product means for the economy and job creation.

In Case You Missed It...

January 29, 2011

This week on Off the Charts, we discussed the economy, the federal budget, state budgets, and housing.

  • On the economy, Chad Stone explained why Senate Minority Leader Mitch McConnell’s claim that government spending is slowing the economy lacks evidence; he
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