The Coronavirus Aid, Relief, and Economic Security (CARES) Act included “economic impact payments” to support families and help boost the economy as we struggle with the fallout of the COVID-19 pandemic. As many economists project a sluggish economy and...
States are nearing shortfalls that could be the largest on record – totaling over $500 billion in just over a fiscal year While federal policymakers have provided a substantial amount of fiscal relief to state and local governments to...
The number of new weekly claims for unemployment insurance for the week ending in March 28th was about 6.65 million, shattering the previous week’s already record-high number of 3.3 million. That means around 10 million total newly unemployed workers...
As record-breaking numbers of Americans file for unemployment, Congressional action will bring relief to struggling families during this time of national emergency. Arkansas must also act quickly to ensure that vulnerable Arkansans can get the help they need and...
The economy has undergone a record-long expansion over the past decade, and that has lead some economists to worry that a recession is on the horizon. The coronavirus pandemic may or may not cause a recession — the Federal...
Arkansas Gov. Asa Hutchinson on Wednesday, March 11, held a live-streamed press event to announce the state’s first presumptive positive case of the 2019 novel coronavirus (COVID-19). Gov. Hutchinson also announced a ban on all out-of-state travel for state...
President Trump’s 2021 budget proposes deep cuts to healthcare and basic assistance programs for low-income families while investing relatively little in our nation’s infrastructure. This is partially because it needs to pay for the permanent extension of the costly...
New research estimates that a “values-based” early child and education (ECE) system would benefit Arkansas’s children, teachers, and parents. A comprehensive publicly financed system that compensates educators fairly would serve between 116,000 and 154,000 children and employ between 48,000...
Read Part 1: Why Tax Breaks For Business Are A Bad Deal For Public Budgets As discussed in Part 1 of this series, policymakers face a lot of pressure to deliver the goods when it comes to job creation. But while...
The Chairman of the powerful House Ways and Means committee, Rep. Richard Neal (D-MA) has filed legislation that would repeal the cap on the federal deduction for state and local taxes that was put in place by the Tax...