Federal Budget and Tax Posts

Fast Facts: Encouraging Work Key to Reducing Poverty

This fall our members of Congress will have the chance to show that they support hard-working low-income families. PDF of report.Important provisions of two anti-poverty, pro-work policies, the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC), are set to expire unless Congress acts to save them. By...

West Virginia Economic Development Funding: The Role of Federal Earmarks

WVCBP Policy Analyst Sean O'Leary and Vice President Dr. Karen Kunz recently co-authored "West Virginia Economic Development Funding: The Role of Federal Earmarks" which examines the use of federal earmarks to fund economic development in West Virginia. The study discusses the state's dependence on federal earmarks and how this affects...

Extending the Payroll Tax Cut

President Obama's Jobs Act includes extending the temporary payroll tax cut passed last December. The payroll tax cut has been an effective stimulus in West Virginia benefiting approximately 900,000 people and providing $500 million in tax relief. The president's new proposal would provide a $1,500 tax cut to the average...

Issue Brief: Serious Problems With a Federal Spending Cap

On April 26, 2011 Senator Manchin endorsed a plan to limit total federal spending to 20.6 percent of the Gross Domestic Product (GDP). While on the surface the plan looks like a benign proposal to handle the federal deficit and debt, it would eventually lead to major cuts in Medicare,...

The Federal Deficit: The Facts

  An Issue Brief identifying the facts behind the federal deficit. Both spending and revenues have contributed to the deficit. Growth in federal spending is projected to slow, and the economy is expected to outgrow the current deficit. The brief identifies healthcare costs rather than spending as the primary source...

Financing Health Reform Without Burdening Working Families

With health care reform estimated to cost around $1 trillion over the next 10 years, the means must now be found to pay the bill. A recent report by Citizens for Tax Justice highlighted three proposals that would raise the needed revenue without burdening working families already struggling to make...

What the Federal Economic Stimulus Means for Low- and Moderate-Income Families

This report summarizes major appropriations resulting from the American Recovery and Reinvestment Act of 2009 that are likely to have the greatest impact on low- and moderate-income West Virginians. Read

The American Recovery and Reinvestment Act: What It Would Mean for West Virginia

The proposed American Recovery and Reinvestment Act of 2009 has five stated purposes. Read more about what it means for West Virginia. Read

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