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 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.
In other news, the Center released a podcast on why the state budget crisis continues even though some states are reporting year-end surpluses. Find it on iTunes here.