This week at CBPP, we focused on food assistance, climate change, poverty and inequality, and Social Security. Note we’ll have minimal to no postings the next two weeks. Have a pleasant August! Chart of the Week – All SNAP Participants Would Face Benefit Cut Under House Agriculture Committee Farm Bill
More than 50 million K-12 public school students are returning to classes for the start of a new academic year. At the same time, some states are cutting a major source of funding for public education: property taxes. Property taxes, typically raised by local governments to meet local needs, are critical for maintaining public education across the […]
An unprecedented $190 billion federal investment in education during the COVID-19 pandemic improved academic achievement and prevented potentially catastrophic social and educational losses for many public school students. That federal funding, known as Elementary and Secondary School Emergency Relief (ESSER), expires at the end of September. Instead of cutting revenue that could be used for public education […]
This week at CBPP, we focused on state budgets and taxes, health, income security, and the economy. Chart of the Week – Many States Have Their Own EITC or CTC Many States Have Their Own EITC or CTC States with a state Earned Income Tax Credit or Child Tax Credit California State Earned Income Tax Credit, 2024Percentage of […]
Executive Summary Over the last several months, groups of House Republicans and the Heritage Foundation have released policy agendas that, taken together, would create a harsher country with higher poverty and less opportunity, where millions of people would face higher costs for health care, child care, and housing, and millions more would lose health coverage […]
Each year, thousands of families participating in the Supplemental Nutrition Assistance Program (SNAP) have their benefits stolen. Even though SNAP benefits are issued on debit-like cards, SNAP participants don’t have the opportunity for financial restitution the same way that debit cardholders do. As a result, households in every state too often lose critical food assistance […]
On Tuesday, September 10, the Census Bureau will release household income, poverty, and health insurance figures for 2023 from the Current Population Survey (CPS). The data may include notable good news, including record low shares of people uninsured along with rising income and falling poverty after accounting for inflation. But interpreting this year’s poverty figures […]
Food insecurity increased in 2023, from 12.8 percent in 2022 to 13.5 percent in 2023, the U.S. Department of Agriculture’s (USDA) latest food insecurity report finds. Food insecurity has risen two years in a row, reversing a downward trend; food insecurity rates had fallen to a two-decade low in 2021, when significant relief measures, such as expanded food assistance […]
This week at CBPP, we focused on the federal budget, health, food assistance, and poverty and inequality. Chart of the Week – Republican Policy Agendas Would Cut Crucial Health Benefits for Tens of Millions of People A variety of news outlets featured CBPP’s work and experts this past week. Here are some of our highlights: […]
What is most striking in this year’s Census data is how the data again demonstrate that if policymakers made different choices and adopted common-sense measures like an expanded Child Tax Credit, far fewer people would live in households that struggle to afford the basics. Some measures of poverty in 2023 reached or remained at all-time […]
States that have prioritized tax cuts over public investment are now facing serious budget constraints, making it harder to fund new initiatives or expand baseline services, including public education, health care, transportation, and more. After several years of revenue collections surpassing projections, state tax growth is slowing, leaving many states struggling to provide essential services […]
A proposal in the Biden-Harris Administration’s 2025 budget would require households with more than $100 million in wealth to pay income taxes of at least 25 percent of their annual income, including their unrealized capital gains — gains in the value of assets that they have not yet sold. Critics argue that unrealized capital gains, which […]
