This week at CBPP, we focused on the economy, state budgets and taxes, the federal budget, health reform, and Disability Insurance.
On the economy, Chad Stone issued a statement on the May jobs report and illustrated it with a series of compelling graphics. Ben Spielberg summarized three ways to break down barriers to economic mobility in a new paper that he wrote with Jared Bernstein for the Peterson Foundation.
On state budgets and taxes, Nick Albares showed that states cut K-12 funding sharply after the recession hit and local governments couldn't make up the difference. We excerpted Michael Mitchell’s Senate testimony on higher education access and affordability.
Michael Leachman highlighted some of the harsh lessons of Kansas’ massive tax cuts. And Erica Williams pointed to a new study showing that state earned income tax credits can reduce income inequality.
On the federal budget, Arloc Sherman warned that underfunding the Census Bureau could prevent it from adopting key cost-saving measures for the 2020 Census. Brandon Debot and Chuck Marr explained that poor IRS customer service reflects Congress’s deep funding cuts.
On health reform, Paul Van de Water listed four reasons not to repeal the law’s Independent Payment Advisory Board (IPAB). We also excerpted his Joint Economic Committee testimony on health reform’s impact on jobs and the economy.
On Disability Insurance, Kathy Ruffing highlighted a new analysis confirming that demographic factors largely explain the recent growth in caseloads.
CBPP's Chart of the Week: The Decline in School Funding