This week at CBPP, we focused on state budgets and taxes, health, poverty and inequality, federal tax, and the economy.
On state budgets and taxes, Michael Mitchell, Michael Leachman, Kathleen Masterson, and Samantha Waxman explained that funding cuts and rising tuition threaten higher education affordability and access. Mitchell noted that state higher education funding cuts have contributed to an affordability crisis for students. We also released state fact sheets on higher education funding trends.
On health, we illustrated the far-reaching benefits of the Affordable Care Act’s Medicaid expansion in a new chart book. Kyle Hayes also listed many of the benefits of expansion. Paul N. Van de Water identified the major design challenges involved in expanding Medicare eligibility.
Onpoverty and inequality, Arloc Sherman, Matt Broaddus, and Raheem Chaudhry summarized this year’s Census data, which showed continued progress on income and poverty but an abrupt halt in health coverage gains.
On federal tax, Chye-Ching Huang pointed to new Tax Policy Center estimates of the impact of the 2017 tax law’s cap on the federal deduction for state and local taxes.
On the economy, we updated our backgrounder on how many weeks of unemployment compensation are available and our chart book on the legacy of the Great Recession.