This week on Off the Charts, we focused on the federal budget and taxes, state budgets, the safety net, Medicare, and Social Security.
On the federal budget and taxes, Chuck Marr concluded our “Thinking About Tax Policy” series by outlining three good first steps to raising taxes at the top of the income scale. In recognition of Tax Day, he also highlighted our top ten charts related to federal taxes, and we featured some CBPP reports and blog posts that take a big-picture look at the U.S. tax system.
On state budgets, Jon Shure rebutted a new report claiming that significant numbers of people migrate from state to state in search of lower taxes. Liz McNichol reported that states have relied much more on spending cuts than revenue increases to close recession-induced budget gaps over the past years. She also noted that emergency federal aid helped states close budget gaps but expired too soon.
On Medicare, Paul Van de Water explained how health reform has strengthened the program and outlined some further steps that policymakers can take. He also cited his Health Affairs blog post correcting the myth that the official cost projections of health reform “double-count” its Medicare savings.
On Social Security, Kathy Ruffing previewed the trustees’ report on the program’s finances, due out Monday.