Fast-approaching government shutdown deadlines in Congress are providing renewed momentum for an expansion of the Child Tax Credit (CTC). A targeted CTC expansion would deliver...
It’s been two years since the expiration of the expanded child tax credit (CTC), a temporary provision of the American Rescue Plan that effectively provided...
President Biden’s fiscal year 2024 budget would revive 2021’s enhanced child tax credit (CTC) with some new twists that seek to make the credit work...
As the American Rescue Plan Act (ARPA) celebrated its two-year anniversary on March 11, some applauded a law that sped an economic recovery while others...
The federal government and many state and local governments are placing equity at the forefront of their pandemic relief efforts. But to effectively follow through...
While state budgets are recovering along with the US economy, state fiscal policymakers remain cautious about the post COVID-19 future, according to a survey by...
By approving a third round of economic impact payments (EIPs) and expanding refundability of the Child Tax Credit, Congress has made refundable tax credits a...
Once the US economy recovers from the COVID-19 crisis, the federal government will need significant additional revenues to reduce its ballooning deficit. Congress and President...
When Congress enacted the American Rescue Plan (ARP), it included an implicit deal: It agreed to reduce the level of additional future weekly federal unemployment...
By including in the American Rescue Plan (ARP) a provision to exempt up to $10,200 of last year’s unemployment benefits from federal income tax, Congress...