Data Desire Needn’t Be Barrier to Kids’ Meals

October 14, 2014 at 1:41 pm

The Community Eligibility Provision (CEP) is now available nationwide, yet some districts are hesitant to implement it for fear of losing data from school meal applications.  But to get the data, we need not sacrifice school meals for kids.

Across the country, teachers and school nutrition administrators have praised CEP, which allows high-poverty schools to feed all students breakfast and lunch at no charge, for streamlining the school meal programs.  One of its key benefits is that participating schools don’t collect meal applications or make individual eligibility determinations, removing an administrative burden on school districts.  … Read more

In Case You Missed It . . .

October 10, 2014 at 1:58 pm

This week on Off the Charts, we focused on the federal budget and taxes, the safety net, state budgets and taxes, and health reform.

  • On the federal budget and taxes, Chuck Marr listed four things we would like to know about the forthcoming tax plan from Senators Mike Lee (R-UT) and Marco Rubio (R-FL). Chye-Ching Huang showed what congressional inaction on the Child Tax Credit and Earned Income Tax Credit would cost working families.
  • On the safety net, we highlighted a TalkPoverty LIVE!
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GAO: Administration Can Make Health Reform’s “Risk Corridor” Payments

October 10, 2014 at 1:16 pm

Health reform’s opponents are renewing efforts to kill its temporary “risk corridor” program, through which the federal government will help cover any higher-than-expected costs for insurers that offer plans in the new marketplaces while sharing in the savings if costs prove lower than expected.  But the Government Accountability Office (GAO) legal opinion on which they’re basing this latest attack says the opposite of what they claim.

Citing the GAO opinion, opponents claim that the Administration lacks the legal authority to provide risk corridor payments and that legislation is needed to prevent it from making unlawful payments. … Read more

Join Jared Today to Discuss Ways to Reduce Poverty

October 9, 2014 at 10:35 am

CBPP Senior Fellow Jared Bernstein will participate in a TalkPoverty LIVE! online panel discussion at 2:00 today on three policies to reduce poverty and increase economic security:

  • Raising the minimum wage and strengthening the Earned Income Tax Credit, or EITC;
  • Addressing erratic work schedules to make it possible to balance work and family;
  • Reforming the criminal justice system and re-entry policies so that criminal records do not resign people or their families to a life of poverty.

Other panelists include the Center for Law and Social Policy’s Jodie Levin-Epstein and the Southern Coalition for Social Justice’s Daryl Atkinson. … Read more

What Would Congress’s Inaction Cost Working Families? Find Out.

October 8, 2014 at 2:05 pm

Unless Congress acts, key Child Tax Credit (CTC) and Earned Income Tax Credit (EITC) provisions will expire at the end of 2017, pushing 17 million people — including 8 million children — into or deeper into poverty.  As we’ve noted here and here, making these provisions permanent should be a key priority for Congress.

Our new interactive calculator, below, allows you to explore what’s at stake for low- and moderate-income families if three important provisions expire at the end of 2017:

CTC refundability threshold

Current provision:  The CTC is worth up to $1,000 per child, and families have to work to qualify for it. … Read more

New Jersey Going from Bad to Worse on Budget Practices

October 7, 2014 at 4:34 pm

New Jersey, which already comes up short in budget planning and budget transparency, is falling even further behind.

The state Treasury Department recently stopped publishing monthly comparisons of actual tax collections to projected collections — information that the state’s revenue status reports had included for years.  The timing is especially unfortunate given New Jersey’s recent large revenue shortfalls.  Delaying acknowledgement of sluggish revenue collections will give policymakers less time to address the problem if these shortfalls continue.

The state has also stopped publishing town-by-town data on state property tax rebates in its annual reports on property tax collections and has removed prior-year reports from its website.  … Read more

4 Questions About Lee-Rubio Tax Plan

October 6, 2014 at 4:18 pm

With tax reform potentially on Congress’ agenda next year, the tax plan that Senators Mike Lee (R-UT) and Marco Rubio (R-FL) sketched out recently will merit a close look.  Its marquee proposal would supplement the current Child Tax Credit (CTC) with an additional credit of $2,500 per child.  We can’t evaluate the plan, which the senators say “won’t only help revive the American dream, but also make it more attainable for more Americans than ever before,” until they provide the details. … Read more

In Case You Missed It…

October 3, 2014 at 3:16 pm

This week on Off the Charts, we focused on the federal budget and taxes, health care, food assistance, the safety net, and jobs.

  • On the federal budget and taxes, Chye-Ching Huang highlighted a recent must-read study that clarifies the relationship between tax cuts and growth. Brandon DeBot explained why tax incentives for retirement savings are ripe for reform. Chad Stone described how House Budget Committee Chairman Paul Ryan’s call for “dynamic scoring” in tax reform is a gimmick that would only invite more mischief.
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Ryan’s Call for “Dynamic Scoring” in Tax Reform Would Invite More Mischief

October 3, 2014 at 2:18 pm

“The reality of tax reform . . . is that any politically feasible plan to scale back tax benefits doesn’t generate enough money to significantly cut tax rates without increasing the deficit,” my latest post for U.S. News’ Economic Intelligence notes.  “Rather than grapple with this reality, . . . House Budget Committee Chairman Paul Ryan invoked the last refuge of supply-side tax cutters in recent comments about how to proceed with tax reform.”  Specifically:

Ryan wants to change long-established methods for estimating the revenue effects of proposed tax changes that the Congressional Budget Office and Joint Committee on Taxation use to “score” the budgetary effects of such legislation.  

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Today’s Jobs Report in Pictures

October 3, 2014 at 9:48 am

Today’s generally solid report shows that job creation is back on an over-200,000-a-month track after slowing sharply in August.  Nevertheless, there appears to be substantial room for further expansion, allowing the Federal Reserve to keep interest rates low in pursuit of high employment without igniting unacceptable inflation.  Moreover, policymakers should not be concerned about inflation even if wages begin to grow faster than they have so far in the recovery.

Click here for my full statement with further analysis.

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Another Health Reform Attack Falls Flat

October 2, 2014 at 3:00 pm

Many health reform opponents warned that people buying health insurance in the individual market would face a sharp, pervasive spike in premiums.  The Manhattan Institute predicted that “Obamacare” would bring double-digit premium increases, while the Heritage Foundation wrote, “individuals in most states will end up spending more on the exchanges” (or marketplaces) than they previously paid.  Not only did those dire predictions fail to come true, but there’s good news to report about premiums as open enrollment under the Affordable Care Act (ACA) approaches.… Read more

Considering Tax Reform? Here’s a Must-Read

October 2, 2014 at 1:49 pm

With leading members of both parties placing tax reform high on the agenda for next year, a  new paper by William B. Gale, Co-Director of the Urban-Brookings Tax Policy Center (TPC), and Andrew Samwick, a Dartmouth College professor and former Chief Economist for President George W. Bush’s Council of Economic Advisers, is a must read.  They review the evidence about how income taxes affect economic growth and explain:

The argument that income tax cuts raise growth is repeated so often that it is sometimes taken as gospel.  

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