The 2017 Trump Tax Law Was Skewed to the Rich, Expensive, and …
Jun 13, 2024 · Policymakers and the public should understand that the 2017 Trump tax law was skewed to the rich, was expensive and eroded the U.S. revenue base, and failed to deliver promised economic benefits. A 2025 course correction is needed.
Homepage | Center on Budget and Policy Priorities
Jan 14, 2025 · The Center on Budget and Policy Priorities (CBPP) is a nonpartisan research and policy institute that pursues federal and state policies designed both to reduce poverty and inequality and to restore fiscal responsibility in equitable and effective ways.
Policy Basics: Where Do Our Federal Tax Dollars Go? - Center on …
Jul 18, 2024 · The federal government collects taxes to finance various public services. As policymakers and the public weigh key decisions about revenues and expenditures, it is important to examine what the government does with the money it collects.
House Republican Agendas and Project 2025 Would Increase …
Sep 3, 2024 · 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 …
House Republican Bills Deeply Cut Programs That Help Low …
Nov 22, 2024 · When policymakers finalize fiscal year 2025 appropriations bills, they should reject those approved by the Republican majority on the House Appropriations Committee as a guidepost.
Policy Basics: Introduction to the Federal Budget Process
Oct 28, 2024 · In this backgrounder, we address: the two basic categories of federal spending legislation — “mandatory” and “discretionary” — and how Congress handles them; the President’s annual budget request for Congress to enact tax and spending laws, which traditionally kicks off the annual budget process; the congressional budget resolution — how it is developed, what it …
A Quick Guide to SNAP Eligibility and Benefits - Center on Budget …
Sep 30, 2024 · Most families and individuals who meet the program’s income guidelines are eligible for the Supplemental Nutrition Assistance Program (SNAP, formerly the Food Stamp Program).
Chart Book: Tracking the Recovery From the Pandemic Recession
Apr 3, 2024 · Substantial relief and recovery measures helped fuel an economic recovery beginning in May 2020 that made the deepest recession in the post-World War II era also the shortest.
Policy Basics: Deficits, Debt, and Interest - Center on Budget and ...
Nov 20, 2024 · 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 the cumulative amount of money the …
Addressing the Affordable Housing Crisis Requires Expanding …
Oct 27, 2022 · Closing the housing affordability gap will require a comprehensive housing strategy, including developing new units, preserving existing affordable housing, and expanding rental assistance. Expanding the Housing Choice Voucher program would most immediately help renters absorb cost increases.