This week at CBPP, we focused on the economy, health, and state budgets and taxes. On state budgets and taxes, we updated our state tax cut tracker with an entry on how Iowa’s tax cuts for the rich are already straining state services. On the economy, we released a statement from CBPP President Sharon Parrott explaining that Republican economic proposals would […]
This week at CBPP, we focused on the economy, health, and state budgets and taxes. Chart of the Week — Marketplace Enrollees Across the Country Will Face Steep Premium Increases if Enhancements Expire Marketplace Enrollees Across the Country Will Face Steep Premium Increases if Enhancements Expire Average premium increase due to tax credit enhancement expirations among […]
SOLVING THE TOUGHEST CLOUD CHALLENGES TOGETHERFederal agencies have invested years incorporating multiple styles of IT architecture to solve financial, mission, and operational challenges. As a result, unifying resources across private and public clouds, simplifying the command and control of IT infrastructure, leveraging AI to seamlessly deliver the right resources where and when they’re needed, and securing the enterprise and its parts, are the […]
Open enrollment for Affordable Care Act (ACA) marketplace coverage for 2025 began November 1 and runs through January 15, 2025 in every state except Idaho (where the deadline is December 16), Kentucky (January 16), Massachusetts (January 23), and California, the District of Columbia, New Jersey, New York, and Rhode Island (January 31). This is the […]
The federal-state unemployment insurance (UI) system helps many people who have lost their jobs by temporarily replacing part of their wages. (See “Policy Basics: Unemployment Insurance.”) Under certain circumstances, unemployed workers who exhaust their regular state-funded unemployment benefits before they can find work can receive additional weeks of benefits. Under the CARES Act responding to […]
Chair Heinrich, Vice Chair Schweikert, members of the Committee, thank you for the opportunity to testify before you this morning at this important hearing. I am Samantha Jacoby, Deputy Director of Federal Tax Policy at the Center on Budget and Policy Priorities, a nonpartisan research and policy institute in Washington, D.C. In my testimony, I […]
Chair Heinrich, Vice Chair Schweikert, members of the Committee, thank you for the opportunity to testify before you this morning at this important hearing. I am Samantha Jacoby, Deputy Director of Federal Tax Policy at the Center on Budget and Policy Priorities, a nonpartisan research and policy institute in Washington, D.C. In my testimony, I […]
Deficits (or surpluses), debt, and interest are three central budget concepts. For any given year, the federal budget deficit is the amount of money the federal government spends minus the amount of revenue it takes in. The deficit drives the amount of money the government must borrow in any single year, while the debt is […]
Following a campaign in which President-elect Trump promised to improve the economic circumstances of working-class people across races, it’s jarring that the incoming Trump Administration and Republican majority seem intent on rushing through an extension of the 2017 Trump tax law. That law was skewed to the wealthy, expensive, and failed to deliver on its promises. Instead of doubling […]
Following a campaign in which President-elect Trump promised to improve the economic circumstances of working-class people across races, it’s jarring that the incoming Trump Administration and Republican majority seem intent on rushing through an extension of the 2017 Trump tax law. That law was skewed to the wealthy, expensive, and failed to deliver on its promises. Instead of doubling […]
Israel-Palestine in 2025: A Conversation with Organizers & Analysts About the Next U.S. Administration As the U.S. prepares for a presidential transition in 2025, many are wondering how evolving political dynamics in Washington could shape global movements defending human rights and freedom of expression—including the Palestinian rights movement. With President-elect Trump set to take office […]
The incoming Trump Administration is reportedly exploring whether it can impound — that is, not spend — funds that Congress has provided in legislation. Supporters of this position argue that the Impoundment Control Act of 1974 (ICA) restricts the President’s ability to impound funds, and they recommend that it be repealed.The Constitution gave Congress the power […]
