News Round Up: April 26, 2021

Top Story: A new report from the Center on Budget and Policy Priorities (CBPP) outlined three principles for equitable and anti-racist state-level COVID-19 recovery plans, including measures such as expanding tax credits like the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC). (CBPP)

  • A new blog post from the Institute on Taxation and Economic Policy (ITEP) evaluated the benefits of making the EITC’s temporary expansion to young workers permanent, emphasizing the safety net it would create for young adults beginning their careers. (ITEP)
  • A new blog post from the Health Affairs journal summarized key policy areas for improving childhood health outcomes and how the American Rescue Plan’s poverty-reducing policies, such as expansions to the CTC and EITC, could help. (Health Affairs)
  • A new fact sheet from CBPP detailed the extensive benefits that the American Rescue Plan’s EITC and CTC expansions will provide to rural communities. (CBPP)
  • A new report from the California Budget & Policy Center (CBPC) charted five areas for the state to promote racial equity through tax policy, highlighting the importance of refundable state tax credits. (CBPC)
  • A recent webinar hosted by the Louisiana Budget Project (LBP) reviewed the Strong Families Tax Credit, a state tax credit modeled on the federal EITC currently under consideration by state lawmakers. (LBP)