off the charts
BEYOND THE NUMBERS
BEYOND THE NUMBERS
In Case You Missed It…
This week on Off the Charts, we discussed the economy, why President Bush’s tax cuts for high-income households should expire on schedule, the tough budget choices states are making, Social Security, and the health reform law.
- On the economy, Chad Stone explained why new GDP figures show the economic recovery is not yet on solid footing. Stone also highlighted a new chartbook, The Legacy of the Great Recession. Michael Leachman commented on a new Congressional Budget Office analysis finding that up to 3.3 million people owe their jobs to the federal Recovery Act. Donna Pavetti highlighted an op-ed in the Wall Street Journal (“Our Blue-Collar Great Depression”), where Rockefeller Foundation executive Janice Nittoli made a compelling argument for extending the TANF Emergency Fund.
- On the tax cuts for high-income households, Chuck Marr explained how extending the tax cuts may exacerbate a stunning shift in income away from the middle class and towards the highest-income people in the country over the last three decades. We also posted a joint op-ed from Robert Greenstein, the Center’s executive director, and John Podesta, president and CEO of the Center for American Progress, on why the tax cuts should expire on schedule.
- On the state level, Elizabeth McNichol explained why most states have rejected a cuts-only approach to addressing budget shortfalls. McNichol also sat down with us to discuss why the state budget crisis continues even though some states are reporting year-end surpluses.
- On Social Security, we showcased a new report from our colleague Kathy Ruffing outlining the program’s outlook over the short and long term.
- Lastly, on health reform, we highlighted a recent opinion piece on an element of the Affordable Care Act: a new insurance program for long-term care. Paul Van de Water is one of the authors.
Receive the latest news and reports from the Center