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August 7, 2024
Last week, the Senate rejected a child tax credit revision that had bipartisan House support. It would have enabled more of the credit to be refundable to families with no…
August 2, 2024
Today’s US jobs report finds the nation’s unemployment rate increased to 4.3 percent in July. According to a measure often cited by liberal policymakers, that suggests the US has entered…
July 17, 2024
Yesterday, the National Academy of Social Insurance (NASI) released the final report of its Unemployment Insurance (UI) Task Force, of which I am a member. The task force was created…
May 22, 2024
House Agriculture Committee Chairman Glenn Thompson’s proposed Farm Bill reauthorization, The Farm, Food, and National Security Act of 2024, heads to committee markup today. The Farm Bill is a tough reauthorization…
April 17, 2024
The Wyden-Smith tax bill, which combines an expanded child tax credit (CTC) with a variety of business tax breaks, has been in limbo in the Senate for the past three…
April 9, 2024
The Child Tax Credit is a tax benefit available to many American families for the purpose of reducing their federal income tax liability. It’s specifically designed to help offset the cost of…
April 9, 2024
This morning, President Biden announced new details about the latest effort to cancel student debt that he says will reduce balances or completely cancel student debt for over 30 million Americans. First,…
April 5, 2024
Economists were expecting 200,000 net new jobs added in March. Instead it was 50 percent more. Unexpected strength, but maybe not so unexpected, really, for an economy that continues to deliver…
March 28, 2024
The integrity of the federal student loan program has been in precipitous decline since early 2020, when then-President Trump responded to the Covid-19 pandemic by putting a pause on student…
February 12, 2024
“Each generation is worse off than the one before.” It’s one of the primary tenets of the notion that American capitalism has failed and that we live in the final…