This week at CBPP, we focused on the federal budget, federal taxes, and the economy.
On the federal budget, Robert Greenstein stated that President Trump’s 2021 budget would widen the country’s divisions. Paul N. Van de Water detailed how the Trump budget would increase hardship and inequality. Van de Water also described the Trump budget's Medicare proposals. Aviva Aron-Dine explained that the President’s “health reform vision” set out in his budget includes $1 trillion in cuts and no plan to protect people with pre-existing conditions. Kathleen Romig outlined how the Trump budget would hurt older Americans and people with disabilities. Michael Leachman explained how Trump’s budget threatens states and their residents. Kathleen Bryant noted that the President’s paid leave proposal would push costs to states and produce stark disparities.
On federal taxes, Chye-Ching Huang testified before the House Ways and Means Committee that the depletion of IRS enforcement is undermining the tax code. Javier Balmaceda explained how stronger working-family tax credits can help Puerto Rico navigate a complicated recovery process.
On the economy, we updated our chart book tracking the post-Great Recession economy and our backgrounder on how many weeks of unemployment compensation are available.