This week on Off the Charts, we focused on the federal budget and taxes, health reform, and the safety net.
On the federal budget and taxes, in part five of our series on working-family tax credits, Chuck Marr pointed to our state-by-state fact sheets on how the Earned Income Tax Credit (EITC) and Child Tax Credit reduce poverty, who benefits, and what states are doing to strengthen the credits. He also explained that a proposed “repatriation tax holiday” costs money so couldn’t pay for highway construction (or anything else). We marked EITC Awareness Day by pointing to resources to help eligible workers claim the credit.
On health reform, Judy Solomon described the diverse group of Americans who would lose coverage if health reform subsidies end in marketplace states. Paul Van de Water noted that projected federal health care spending has fallen even with health reform’s coverage expansions.
On the safety net, Chad Stone explained why the claim that unemployment insurance benefits kill jobs is unconvincing. Arloc Sherman highlighted a new report listing policy changes that would reduce child poverty by 60 percent.