When you consider how the GOP will finance their steep tax cuts, things look even grimmer for low- and middle-income Americans.Â
Budget
Posted inWorking in America
Fiscal Purgatory in New York
How New York’s budget crisis was used to roll back expansive government Â
Posted inEconomic Policy
Why Is There a Budget Crisis in Connecticut?
It’s one of the wealthiest states, but it’s shrinking—and the governing Democrats are divided over what to do.
Posted inEconomic Policy
Trump’s Budget Would Eliminate Agency Tasked with Ending Homelessness
Included in President Donald Trump’s proposed $6 billion cut to the Department of Housing and Urban Development is the elimination of a small but vital program that has been a crucial force in driving down the U.S. homeless population. The United States Interagency Council on Homelessness (USICH) has a scheduled sunset date of October 2017 […]
Posted inEconomic Policy
House GOP Budget Comes Straight from the Trickle-Down Playbook
The Republicans’ budgetary blueprint paves the path for tax cuts for the wealthy, a military buildup, and spending cuts for entitlement programs.Â
Posted inMoney, Politics, and Power
Kansas Redux: Illinois Legislature Overrides Governor’s Austerity Politics
It’s becoming increasingly clear that conservative governors trying to push trickle-down tax cuts for the rich and austerity for everyone else will, eventually, face a political backlash. Once again, a bipartisan coalition of fed-up legislators has overridden their intransigent governor’s veto to keep their state from driving off the cliff. On Thursday, Illinois Republicans joined […]
Posted inEconomic Policy
Republicans Want to Make Deficit-Busting Tax Cuts Permanent
Real tax reform is hard. So a growing bloc of tax-cut enthusiasts wants to rewrite the rules of the game to secure rate reductions for the rich.
Posted inEconomic Policy
No Greatness in Trump’s Call to Kill AmeriCorps
The president’s proposal to defund the nation’s flagship domestic service program is unwise and unpatriotic. Lawmakers should look elsewhere to make cuts.Â
Posted inEconomic Policy
Trump Tweets, States Churn
States are showing signs of fiscal stress with little notice or expectation of assistance from Washington.
Posted inEconomic Policy
Hot Investment Tip: The Health of Poor Children
Support for low- and middle-income families can benefit the broader economy.
