Today, we sat down with one of our health policy analysts, January Angeles, to discuss how the new health reform law is a good deal for states.
BEYOND THE NUMBERS
We’ve launched a series of fact sheets called Moving Forward with Health Reform to help people (especially non-wonks) understand how the new health reform law will work — and whether the claims from opponents are true.
This Q & A is part five in a series on myths about health reform and its impact on the federal budget deficit with Jim Horney, our director of federal fiscal policy.
As we said in this morning’s statement, there’s lots of good news in the April jobs report, but we’re going to need many more months like April to pull unemployment down toward pre-recession levels. The charts below help flesh out the story.
To help balance the state’s budget, the Vermont legislature has voted to suspend a scheduled increase in an obscure corporate tax break known as the “domestic production deduction.” It’s a sensible move. Other states with this tax break should consider freezing it or, better yet, joining the 22 states that have killed it altogether.
To follow up on last week’s post on state taxes and the working poor (and TAPPED’s post on our recent report), these maps show the progress states have made over the past two decades in eliminating income taxes on working-poor families.
As today’s USA Today details, policymakers, unions, and celebrities are speaking out against large-scale teacher layoffs across the country — the Obama Administration estimates that as many as 300,000 teachers could lose their jobs. School districts face tough spending choices due to state budget cuts and an end to federal Recovery Act funding.
Analyzing the new GDP figures issued Friday, which showed state and local spending falling at the fastest rate in three decades, Matt Yglesias made the important point that the large cuts in state and local spending are a drag on the economy. The new figures are just the latest evidence that Congress should extend the Recovery Act’s fiscal relief to states.
A little-known component of last year’s Recovery Act is helping to place some 180,000 unemployed individuals in subsidized jobs across the country. But the program — and almost all of those jobs — will disappear soon unless Congress acts.