This week at CBPP, we focused on veterans and the safety net, the federal budget and taxes, state budgets and taxes, and the economy.
On veterans and the safety net, Emily Horton and Chuck Marr explained that expanding the Earned Income Tax Credit for workers not raising children and non-custodial parents would help veterans and service members in every state. Ehren Dohler showed that housing vouchers targeted on homeless veterans have helped cut veterans’ homelessness in half. Jesse Cross-Call pointed to the big gains in veterans’ health coverage under health reform. We also rounded up this week’s posts on veterans.
On the federal budget and taxes, Richard Kogan and David Reich updated their introduction to the budget reconciliation process.
On state budgets and taxes, Michael Leachman noted that voters in four states approved minimum wage increases this week and several states voted to legalize and tax marijuana. Michael Mazerov explained that Missouri’s constitutional amendment prohibiting the state from broadening its sales tax base will lock in the state’s inequitable taxation of goods and services and hamstring its future revenue-raising capacity.
On the economy, we updated our chart book on the legacy of the Great Recession and our guide to statistics on historical trends in income inequality.