Poverty

The agreement puts hundreds of thousands of older adults aged 50-54 at risk of losing food assistance.

This week at CBPP, we focused on the federal budget, housing, income security, food assistance, and health.On the federal budget, we updated our roundup of analyses on House Republicans’ harmful debt-ceiling-and-cuts bill. Sharon Parrott tweeted about the need to protect people who can’t afford food, rent, or health care from House Republican efforts to make them pawns in their debt ceiling scheme.On housing, Sonya Acosta explained that the House Republican bill would force deep cuts in housing assistance, harming families, older adults, and people with disabilities.On income security, Aditi

The House Republican debt-ceiling-and-cuts bill would, among other things, impose severe cuts on discretionary funding amounting to $3.6 trillion over the next ten years. If defense and veterans’ health care are protected from cuts, as House Republicans have pledged, these cuts would result in an estimated 2 million people being left without the rental assistance they need to obtain or maintain stable housing, based on estimates by the Biden Administration that assume remaining programs are cut across the board. This assistance is highly effective at reducing homelessness and housing

This week at CBPP, we focused on the federal budget, federal taxes, and food assistance.On the federal budget, Richard Kogan, David Reich, and Nick Kasprak released an interactive showing how House Republicans’ harsh funding caps would affect different, vital programs. We also updated our roundup of analyses on House Republicans’ harmful debt-ceiling-and-cuts bill.On federal taxes, Samantha Jacoby testified before the Senate Committee on the Budget on the need for a new course after decades of costly, regressive, and ineffective tax cuts.On food assistance, Katie Bergh and Zoë Neuberger

The Supplemental Nutrition Assistance Program (SNAP) helps more than 40 million people put food on the table each month. SNAP has existing, harmful work-reporting requirements, but recent proposals from House Republicans would harm more SNAP participants — by taking food away from older adults who can’t show every month that they meet or are exempt from work-reporting requirements — without improving employment.The existing and proposed work requirements base access to food assistance on documenting hours of work or work activity and on false assumptions, including that people who receive

These cuts defy science and are shortsighted given the long-term health benefits of sound nutrition during these life stages.

Chairman Whitehouse, Ranking Member Grassley, members of the Committee, thank you for the opportunity to testify before you this morning at this important hearing. I am Samantha Jacoby, Senior Tax Legal Analyst at the Center on Budget and Policy Priorities, a nonpartisan research and policy institute in Washington, D.C.In my testimony, I will make three main points:First, tax cuts enacted in the last 25 years — namely, the tax cuts enacted in 2001 and 2003 under President Bush, most of which were made permanent in 2012, and those enacted in 2017 under President Trump — gave windfall tax cuts

If any programs are protected from cuts, the unprotected programs would be hit much harder. Drag programs back and forth to see how big the resulting cuts would be to unprotected programs.

This week at CBPP, we focused on state budgets and taxes, the federal budget, income security, and health.On state budgets and taxes, Whitney Tucker described how House Republicans’ debt-ceiling-and-cuts bill would cost states and local communities up to $1.3 trillion. Michael Mazerov highlighted legislation in Minnesota that marks a major step forward in preventing multinational corporations from shifting profits abroad.On the federal budget, Nick Gwyn outlined how the unemployment insurance bill the House passed this week would be more likely to hurt than help anti-fraud efforts. We also

The House Republican debt-ceiling-and-cuts bill would put more families at risk of involvement with the child welfare system by jeopardizing cash assistance for 540,000 families with very low incomes, which include nearly 1 million children. The loss of cash assistance — such as the aid the Temporary Assistance for Needy Families (TANF) program provides to these families — can lead to many undesirable outcomes, including higher rates of poverty, and numerous studies have linked it with increased risk of families’ involvement in the child welfare system.Children in families with very low

On April 25, the House passed Speaker Kevin McCarthy’s debt-ceiling-and-cuts bill that would use the need to raise the debt ceiling as a bargaining chip to force a set of unpopular, harmful policies. We’ve collected our analyses of the bill here.

Rather than reduce fraud, these provisions will complicate and deter ongoing efforts to prevent criminals from defrauding the unemployment insurance system.

House Republicans’ debt-ceiling-and-cuts bill would decimate funding that states, localities, tribal nations, and U.S. Territories rely on to provide vital services like schools, transit, and aid to families in crisis. The bill would impose up to $1.3 trillion in state program cuts over ten years, which would leave states and localities with significantly less revenue, leading to an array of problems like more crowded classrooms, deteriorating water facilities, less affordable child care, and millions of people losing access to housing, substance use treatment, and food.The bill requires huge

The Minnesota House and Senate passed two tax bills containing a critical provision aimed at stopping multinational corporations (MNCs) from shifting profits earned in the state onto the books of subsidiaries in foreign tax havens and low-tax countries. If the “worldwide combined reporting” (WWCR) provision were enacted, Minnesota would treat corporations consisting of a parent company and its U.S. and foreign subsidiaries as a single entity for tax purposes. With negotiations under way to reconcile the differences between the two bills, the conferees should ensure that the WWCR mandate stays

This week at CBPP, we focused on health, income security, state budgets and taxes, the economy, and the federal budget.On health, Gideon Lukens explained why expanding health savings accounts would boost tax shelters, not access to care. Paul Van de Water emphasized that President Biden’s 2024 budget would strengthen and improve Medicare. Symonne Singleton urged advocates to seek to improve technical systems underpinning the Medicaid continuous coverage unwinding. We also updated our resource tracking the unwinding.On income security, Diana McCaffrey-Azevedo and LaDonna Pavetti described how

The bill’s provisions could well mean that families face more barriers to finding and maintaining stable employment that can help them move out of poverty.

The President’s budget for fiscal year 2024 contains several important proposals to protect and strengthen Medicare. By modestly raising taxes on high-income people and reducing drug prices, the budget shores up Medicare’s financing and lowers beneficiaries’ costs. The budget also contains additional proposals to make Medicare less costly and improve benefits.

HSAs overwhelmingly benefit high-income people and exacerbate racial and ethnic inequities.

The Centers for Medicare & Medicaid Services (CMS) has required states to demonstrate their readiness to unwind Medicaid continuous coverage — which protected people from coverage terminations March 2020–April 2023— through three testing measures of their eligibility systems. These measures are an opportunity for community advocates to understand and influence the technical systems that underpin the eligibility process, and in turn help protect people from unnecessary coverage loss.The unwinding period between now and May 2024 will be challenging for enrollees, who risk losing coverage, and

This week at CBPP, we focused primarily on House Republicans’ debt-ceiling-and-cuts bill, which seeks to force harmful policies in areas including the federal budget and taxes, health, food assistance, income security, and state budgets and taxes.The federal budget and taxes. In a statement, CBPP President Sharon Parrott said the bill puts the economy at grave risk while seeking deep, unpopular program cuts and giving billions to wealthy tax cheats. She also outlined the ten years of deep cuts that the bill would exact. Parrott, Samantha Jacoby, Allison Orris, LaDonna Pavetti, David Reich, and