Here are some highlights from the past week’s news on family tax credit issues. Remember – you also can track news coverage throughout the week by visiting our website, where you can filter news by a specific credit and/or state.
- New data from the Center on Budget and Policy Priorities (CBPP) shows that saving key provisions of the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) would help lower-income workers in a wide range of positions, including construction workers, child care providers and nursing home aides. (CBPP)
- Advocates continue to speak out in favor of protecting Michigan‘s EITC as lawmakers consider eliminating the credit in order to fund transportation improvements. (Detroit News, Detroit Free Press)
- Demos’ Policyshop blog examined “vulnerable populations” living in poverty, discussing how children, the elderly and the disabled make up the highest percentages. It noted that food security programs, the EITC and CTC are vital in helping to reduce the percentage of these populations living in poverty. (Demos)
- The Hill examined the tax code changes proposed by the GOP presidential candidates. (The Hill)
- A new report from the Center for American Progress shows how strengthening the CTC could provide greater economic stability for millennial parents. (Center for American Progress)
- The American Enterprise Institute’s Michael R. Strain suggested in The New York Times that policymakers should react to turmoil in the stock market and anxiety about the global economy by strengthening long-term policies that foster growth, such as the EITC. (The New York Times)