In Case You Missed It…

May 30, 2014 at 2:28 pm

This week on Off the Charts, we focused on child nutrition, SNAP (formerly food stamps), and the federal budget and taxes.

  • On child nutrition, Zoë Neuberger explained that the agriculture funding bill that the House Appropriations Committee approved this week would gut new school meal standards.  She also highlighted a rebuttal from several nutrition scientists to arguments for requiring the WIC nutrition program to provide white potatoes.  And she excerpted an op-ed explaining how the “community eligibility” option, which enables schools in high-poverty areas to provide meals to all students at no charge, is helping West Virginia.
  • On SNAP, we presented new data showing that SNAP spending and caseloads are falling.
  • On the federal budget and taxes, Chuck Marr pointed out that permanently extending the “bonus depreciation” tax break would be economically unjustified and fiscally irresponsible.  Richard Kogan explained why adopting so-called “fair-value accounting” for federal loan programs would distort budgeting.

In other news, we issued papers on declining SNAP costs and the effort to make bonus depreciation permanent.  We also updated our paper on why some of the proposed Medicare Part D regulations dropped by the Administration were sound, our chart book on the legacy of the Great Recession, and our paper on how many schools and school districts in each state qualify for community eligibility.

Chart of the Week:

A variety of news outlets featured CBPP’s work and experts recently.  Here are some highlights:

Americans Move for Many Reasons, But Rarely to Flee High Taxes
Fiscal Times
May 30, 2014

Economic Upswing Has Fewer Americans Receiving Food Stamps
The Salt
May 29, 2014

State support for public universities has plummeted
Denver Post
May 28, 2014

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1 Comments Add Yours ↓

Comments are listed in reverse chronological order.

  1. 1

    I hope we are able to do the right thing as a nation, with regards to the debt. But, it seems like our polarized democracy is not fit to be trusted with the budget. Let’s take my solution, for example.

    I would effectively end Medicare, but keep the tax for it. Medicare as healthcare for seniors is essentially an oxymoron. It is a futile effort, and I hope that’s not hard for you to grasp. It represents a whole industry leeching off the tax dollars of the American people. But, I expect that the ruling party would lose all of the senior vote and all of the healthcare industry’s vote.

    I would also recommend raising taxes by cutting out loopholes, etc. But, it is one party’s entire naïve stance that less corporate tax is better for America. Nevertheless, these people will easily gain back the support of the people by touting lower taxes.

    It is also apparent that whatever Barack has done since he was elected needs to be repealed, because of his substantially larger deficits.

    I have heard comments saying austerity will create bigger deficits, but I disagree. There will be less tax revenue, but the budget savings are greater. There will be greater unemployment insurance claims, but the program is designed as a only a temporary support system for those without work.

    Raising taxes and cutting expenses are the only ways to fix the debt, and these options are basically held hostage by a democracy that lets average people and smooth talkers run the country(into the ground).



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