BEYOND THE NUMBERS
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CBPP
This week we focused on the federal budget and taxes, food assistance, poverty and inequality, housing, family income support, and the economy.
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On the federal budget and taxes, Chuck Marr detailed how a ProPublica report shows how little the wealthiest pay in taxes and urged policymakers to respond accordingly. Marr also outlined how a proposed financial reporting requirement from President Biden is an integral part of the plan to address the tax gap. We also released a fact sheet on taxes, the wealthy, and creating a fairer system.
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On food assistance, Steven Carlson, Joseph Llobrera, and Brynne Keith-Jennings stated that more adequate SNAP benefits would help millions of participants afford better food. Lauren Hall and Zoë Neuberger discussed how eligible low-income children are missing out on crucial WIC benefits during the pandemic. We also created an interactive map showing changes in WIC, Medicaid, and SNAP participation by state.
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On poverty and inequality, Arloc Sherman, Claire Zippel, Robert Gordon, and Danilo Trisi argued that widespread economic insecurity before the pandemic shows the need for a strong recovery package. We also updated our fact sheet tracking the COVID-19 recession’s effects on food, housing, and employment hardships.
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On housing, Anna Bailey explained how emergency vouchers can help seniors and people with disabilities live in safer, community-based settings.
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On family income support, Laura Meyer illustrated how recovery legislation should provide employment opportunities for those left behind.
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On the economy, we updated our backgrounder on how many weeks of unemployment compensation are available.
Chart of the Week – Very Wealthy People Can Avoid Paying Tax on Most of Their Income
A variety of news outlets featured CBPP’s work and experts this past week. Here are some of the highlights:
Child tax credit payments begin, aiding families with basic expenses
Marketplace
July 15, 2021
Biden quiere extender el crédito por hijo y la secretaria del Tesoro pide que sea permanente
Univision
July 15, 2021
Minimum wage workers can't afford rent anywhere in America
CNN
July 15, 2021
Opinion: It’s time to make these expanded tax credits permanent
CNN Business
July 14, 2021
Senators seek Medicaid-like plan to cover holdout states
Associated Press
July 12, 2021
How the rich avoid paying taxes
Vox
July 8, 2021
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