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August 2, 2024

Democrats’ Automatic Stimulus Proposals Undermine the Administration’s “Strongest Economy” Claims

…all governed by the Sahm rule. And last fall Senate Finance Committee Chairman Ron Wyden (D-OR), accompanied by Bernie Sanders (I-VT), Elizabeth Warren (D-MA), Michael Bennet (D-CO), and Sherrod Brown…

July 17, 2024

Key Takeaways from a New Report on Potential Unemployment Insurance Reforms

…huge new programs strained UI systems to the point of breaking. While the economy is currently healthy, it is critical that policymakers and states take steps to prepare for the…

February 8, 2024

CTC Expansion Rooted in Desire to Roll Back Work-based Welfare

…benefits. Specific efforts to achieve full refundability, and thereby eliminate the CTC’s work requirement, soon followed. Senator Michael Bennet (D-CO) proposed eliminating the CTC’s work requirement in 2015, and several…

January 17, 2024

Tax Extenders Package Would Cut the Child Tax Credit’s Annual Work Requirement in Half

…in a Congress that has strained to find agreement on even routine matters. But some pro-work legislators may be troubled by one provision that would cut in half the current annual work requirement for parents…

November 21, 2023

Defining Poverty Up

…(which he opposed) contributed to rapid improvements in crime rates and welfare dependence. By 1997, columnist Michael Barone credibly argued that, of gains on both fronts, “The Good News Is…

July 26, 2023

How Worker Benefits Turn into Welfare

…same guaranteed minimum benefit in each state, again regardless of any individual’s prior earnings. Supporters argue the uniform payments protected systems straining under record claims. They have a point that…

June 30, 2023

Democrats Call Biden’s Economy “Savage” in Attempt to Revive Child Tax Credit

…recent Senate Finance Committee hearing, Sen. Michael Bennet (D-CO) thundered that parents are currently “scraping by … in this savage economy,” burdened with “some of the lowest economic mobility” and “almost the…

December 9, 2022

“Automatic Stimulus”: How It Would Have Increased the Record Unemployment Benefits Paid During the Great Recession and Pandemic

…replaced by permanent automatic stimulus policies. Applying that perspective, a recent “modernization” proposal by senior Sens. Ron Wyden (D-OR) and Michael Bennet (D-CO) would permanently revive federal unemployment benefit expansions…