If you have kids, check your bank account on Thursday. There’s a pretty good chance you’ll see $250 or $300 in your account with the letters “CTC” in the line item.If you have kids, check your bank account on Thursday. There’s a pretty good chance you’ll see $250 or $300 in your account with the letters “CTC” in the line item. That’s because for the first time ever, we are recognizing raising kids as essential work with a bigger Child Tax Credit (CTC) for more families, and the option to get your tax credit as a monthly check or direct deposit.
Biden’s plan would rein in corporate power and profit and launch a new era in which the wealthy finance large-scale investment for the public good.
The old approach is being replaced by direct assistance, but more help is needed
West Virginia families are struggling. One in seven adults in the state struggle with hunger. One in five households with children in the state reported that the kids weren’t eating enough because the family struggled to afford food.
GCPI, the National Employment Law Project, and the Century Foundation created a flowchart to clarify which pandemic-response or regular unemployment assistance benefits may be available to workers from late March 2020 through late December 2020 and under which circumstances.
To help communities of color, Congress must extend the $600-a-week boosted unemployment benefit until the economy recovers
An overdue reckoning is sweeping America. The killings of George Floyd, Breonna Taylor, and countless others have sparked a national conversation on police brutality and mass incarceration. As we grapple with these wounds, we must remember that structural racism damages these same communities every day without any damning videos, and without any guns drawn.
The Anti-Monopoly Fund is thrilled to announce its second round of investments to 14 organizations, including the Georgetown Center on Poverty and Inequality’s Economic Security and Opportunity Initiative, to bolster the ongoing fight against monopoly power in every facet of our economy, democracy, and society.
Originally posted on The Hill. Homelessness is one of the most visible and pervasive features in nearly every American city. But what most Americans don’t know is that homelessness was a far more limited problem until the 1980s. What changed? Our policies. In 1970,...
As we near the end of July, it is clear our overlapping health and economic crises show no sign of abating—in fact, they are on the verge of becoming much worse. Congress and the president now face crucial and urgent choices in averting a depression and creating a recovery that addresses the pain that has been disproportionately exacted on women.
Economic mobility is little more than a myth for most people who grow up in families with low incomes. A child born in poverty in the early 1980s had single-digit chances of having a high income as an adult. If we want to simply raise incomes from one generation to the next, we’re failing. Nearly all Americans born in 1940 had incomes higher than their parents’ by the time they reached the same age, but today, only half of adults born in 1980 make more than their parents did.