BEYOND THE NUMBERS
In Case You Missed It...
This week at CBPP, we focused on the federal budget, state budgets and taxes, housing, health, and the economy.
- On the federal budget, Richard Kogan showed how Build Back Better would save about $2 trillion in its second decade. Joel Friedman highlighted three key facts in assessing Build Back Better's fiscal impact. David Reich warned how a full-year funding freeze would further squeeze non-defense programs.
- On state budgets and taxes, Samantha Waxman described how states enacting wealth taxes to support pandemic recovery is a step toward improving equity.
- On housing, Will Fischer explained how vouchers can help families afford homes, with little impact on market rents. Sonya Acosta underscored how tribal housing funding is a critical component of Build Back Better.
- On health, Tara Straw highlighted little-noticed provisions in Build Back Better that would improve health coverage affordability. We also updated our fact sheet on coverage for COVID-19 testing, vaccinations, and treatment.
- On the economy, Chad Stone emphasized that inflation concerns should not impede the enactment of Build Back Better. We also updated our backgrounders tracking the post-Great Recession economy and how many weeks of unemployment compensation are currently available.
Chart of the Week – Full-Year Funding Freeze Would Further Squeeze Non-Defense Programs
A variety of news outlets featured CBPP’s work and experts this past week. Here are some of the highlights:
Without the boosted child tax credit, nearly 10 million children could fall below the poverty line
Washington Post
December 10, 2021
Happy Holidays, Parents. The Senate’s Gift to You Might Be a Missing $250 Check in January
TIME
December 9, 2021
If child tax credit payments end, 175K Hoosier kids at risk of slipping back, deeper into poverty
WFYI
December 9, 2021
Tax credit aimed at low- to middle-income workers was expanded amid Covid-19. Who stands to benefit most
CNBC
December 8, 2021
Millions of Kids Could Sink Back Into Poverty if the Child Tax Credit Expires
New Republic
December 8, 2021
First ‘Momnibus’ bill signed into law, and others could follow
The Lily
December 6, 2021
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