Marking the first year of his term in office, President Biden held a nearly two-hour press conference on Wednesday, January 19, 2022, that touched on everything including the possibility of a revamped Build Back Better reconciliation bill. Since last December when Senator Joe Manchin (D-WV) pulled his support for the $1.7 trillion package, talks have
Discussions continued between key appropriations leaders, Senator Patrick Leahy (D-VT), Senator Richard Shelby (R-AL), Congresswoman Rosa DeLauro (D-CT) and Congresswoman Kay Granger (R-TX). Not much has been revealed but Chairperson DeLauro offered some broad positive comments about progress. Like the reconciliation, Democratic leaders including the White House would like a final deal by March 1.
On January 18th, Columbia University’s Center on Poverty and Social Policy released its newest policy brief detailing the impact of the Child Tax Credit, announcing that the sixth payment kept 3.7 million children out of poverty in the final month of 2021. Researchers at Columbia University have tracked the impact of the CTC over time
The Coronavirus State and Local Fiscal Recovery Funds (SLFRF) program, a part of the American Rescue Plan, delivers $350 billion to state, local, and Tribal governments across the country to support their response to and recovery from the COVID-19 public health emergency. These funds are meant to be used to support families and businesses struggling
While Senator Joe Manchin’s (D-WV) opposition to a continuation of the expanded CTC has put at least a temporary stop on the 2021 version of that tax credit, all qualifying families still have six months of the CTC coming from 2021. The CTC has been federal law since the mid-1990s, but last year’s expansion added
Both houses of Congress return this week as the House joins the Senate in an early return. Facing members is a list of challenges some are a carryover while Covid-19 returns in another variant. On the Build Back Better Reconciliation, the House will have to wait on Senate action and that does not seem likely
The Center on Policy and Social Policy at Columbia University has released an important new report that rounds up the wide range of available research about the expanded Child Tax Credit. Since the introduction of the expanded credit in July 2021, there has been a significant amount of research conducted to measure the impact on
At first talks between the President of the United States and a single senator last week did not result in an agreement on a reconciliation bill and, as a result, the legislation was delayed until January at the earliest. That senator, Senator Joe Manchin (D-WV), first appeared to be taking aim at the Child Tax
Last Tuesday, December 7, 2021, congressional leaders came to an agreement on how to raise the federal debt ceiling that should be adopted and finalized this week. The process is a two-step bill strategy that first allowed Congress to adopt a bill to suspend Medicare cuts along with a temporary procedure allowing the Senate to
The Senate agreed to a CR extension through February 18, 2022, late Thursday night (November 2) after a week of threats by some Republican senators who objected to the Biden Administration vaccination policies. The House of Representatives reached a deal to extend funding beyond January, as Democrats had originally sought, and they compromised on the