News Round Up: November 29, 2021
Top Story: A new report from the Center on Budget and Policy Priorities (CBPP) examined lessons from approaches states can take to using their federal Fiscal Recovery Funds, including adopting or expanding tax credits like the Earned Income Tax Credit (EITC). (CBPP)
- Arkansas residents who receive the expanded monthly Child Tax Credit (CTC) described in interviews how the credit has supported their families in recent months, helping them make ends meet and afford basic needs. (THV11)
- An editorial in The Sacramento Bee analyzed California’s projected budget surplus and called for the state to broaden eligibility for its EITC and CTC. (The Sacramento Bee)
- The Michigan League for Public Policy (MLPP) called for the U.S. Senate to pass Build Back Better legislation, which would reduce taxes for the majority of Michigan residents through the expanded CTC and EITC. (MLPP)