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In Case You Missed It . . .
This week at CBPP, we focused on federal taxes, housing, health, Social Security, and the economy.
- On federal taxes, CBPP President Sharon Parrott released a statement on the House-passed bipartisan tax bill’s Child Tax Credit expansion, explaining that it would help 16 million children in low-income families. Sarah Calame underscored how the bipartisan Child Tax Credit expansion would help roughly half a million children in veteran and active-duty families in the first year.
- On housing, Peggy Bailey testified before the Senate Budget Committee on the housing affordability crisis and the need to expand rental subsidy programs.
- On health, Jennifer Wagner noted that lessons learned from unwinding can improve Medicaid.
- On Social Security, Kathleen Romig detailed how Social Security lifts more people above the poverty line than any other program.
- On the economy, we updated our chart book on the recovery from the pandemic recession.
Chart of the Week – Renters’ Incomes Haven’t Caught Up to Rising Housing Costs
A variety of news outlets featured CBPP’s work and experts this past week. Here are some of our highlights:
A new expanded child tax credit would include families who need it most
All Things Considered
February 1, 2024
Housing crisis comes to Capitol Hill
Route Fifty
February 1, 2024
Calculate how much you would get from the expanded child tax credit
Washington Post
February 1, 2024
Thousands of Minnesota women, infants could lose access to WIC due to stagnant funding
Star Tribune
February 1, 2024
House passes bipartisan tax bill that expands child tax credit
CNN
January 31, 2024
Visualizing Who Would Benefit From the Child Tax Credit Expansion
New York Times
January 30, 2024
Child tax credit expansion would help an entire generation of children, CHOP CEO says
The Philadelphia Inquirer
January 30, 2024
Tax-Cut Loving Republicans Grumble at $78 Billion in Bipartisan Tax Cuts
Wall Street Journal
January 30, 2024
Moms and babies in Ohio rely on $40 a month for food. Thousands are at risk of losing it
Cincinnati Enquirer
January 30, 2024
Mainers are waiting years for federal housing aid, then losing it
Bangor Daily News
January 29, 2024
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