This week at CBPP, we focused on the federal budget and taxes, food assistance, health, Social Security, and the economy.
On the federal budget and taxes, Robert Greenstein said a budget deal that policymakers reached would avert troubling threats and allow more adequate funding for key priorities. Chye-Ching Huang and Roderick Taylor analyzed how the federal tax code can better advance racial equity. Huang summarized the ways the tax code can do more to narrow racial gaps in income and wealth. Chuck Marr noted how the proposed Working Families Tax Relief Act would deliver childless adults in every state a larger Earned Income Tax Credit (EITC), and how the bill would also boost the EITC and Child Tax Credit for millions of people with disabilities.
On food assistance,Greenstein warned that a misguided Trump Administration rule would take basic food assistance from working families, seniors, and people with disabilities. Dottie Rosenbaum explained how the Supplemental Nutrition Assistance Program’s “broad-based categorical eligibility” policy supports working families and those saving for the future.
On health, Sarah Lueck urged more states to protect their residents against skimpy short-term health plans. Tara Straw suggested states should act to avoid insurance market disruption and consumer confusion under a new Trump Administration rule.
On Social Security, Kathleen Romig listed six things millennials should know about the program. Romig described Social Security as a vital protection for African American people of all ages.
On the economy, we updated our backgrounder on how many weeks of unemployment compensation are available.