This week at CBPP, we focused on federal and state taxes, housing, health care, family income support, and the economy.
On federal and state taxes, ahead of Tax Day on April 18, Janne Huang applauded the work of free tax preparation services. Chuck Marr and Erica Williams highlighted our top federal and state tax charts, respectively. We also outlined several reasons why tax cuts for the rich are an ineffective way to spur economic growth.
On housing, Will Fischer explained why a renters’ tax credit would complement the existing Low-Income Housing Tax Credit in expanding access to affordable housing. Continuing our “Vouchers Work” blog series, Alicia Mazzara discussed how vouchers help working households make ends meet and Lissette Flores noted that vouchers help many seniors and people with disabilities afford homes that meet their needs.
On health care, Peggy Bailey explained how policymakers could build on the Affordable Care Act (ACA) to help millions with substance use disorders, noting that the House Republican health bill would reverse the gains under the ACA. Sarah Lueck warned that the Trump Administration’s rule changes to the individual health insurance market would raise consumer costs, discourage enrollment, and weaken the marketplaces. We released 50 state reports to illustrate how the House Republican health bill would reduce coverage and raise consumer costs. Jessica Schubel pointed out that increasing federal funding for uncompensated health care in Florida won’t improve health coverage or access.
On family income support, Ife Floyd summarized CBPP reports showing that the Temporary Assistance for Needy Families (TANF) block grant falls far short in reaching poor families, giving them adequate help to meet basic needs, and focusing spending on core welfare reform areas.
On the economy, we updated our chart book on the legacy of the Great Recession.