Expiring corporate tax breaks are not a greater emergency than expired unemployment benefits.
Issue Brief Progressive fiscal policy must complement monetary policy to boost economic growth.
Issue Brief NIH funding forms the foundation of America’s biomedical research sector, which leads the world in research spending and innovation. However, as funding for NIH stagnated in the mid-2000s and then decreased under austerity, its purchasing power decreased drastically, and it continues to do so. Without significant new investments, America’s long-term leadership in biomedical research will be at risk.
A new CAP infographic details how immigration reform would contribute to the economy.
Issue Brief The United States must develop the international relations and domestic foundations to make trade work for the United States and global middle classes.
How trade can work for the middle class.
Reauthorizing emergency unemployment benefits can stabilize families and jobs.
Issue Brief President Obama’s new proposal to reform the Earned Income Tax Credit is a step in the right direction.
Adam Hersh, Senior Economist at the Center for American Progress, testifies before the U.S.-China Economic and Security Review Commission.
The net incomes of four of the largest low-wage employers, Wal-Mart, McDonald’s, Yum! Brands, and Target, represent five times the amount of cost savings in SNAP resulting from a minimum wage hike to $10.10.
Interactive An analysis of SNAP data reveals the savings that each state would experience if the federal minimum wage increases to $10.10 per hour.
Report Raising the minimum wage to $10.10 per hour would lower government spending on federal nutrition assistance by $46 billion over the next 10 years.
The president’s fiscal year 2015 budget focuses on growing the economy and pivots away from austerity.
Report When considering how best to address economic inequality, policymakers need to understand the complexity and diversity within the Asian American community.
Joe Valenti, Director of Asset Building, testifies before the New York City Council Consumer Affairs Committee.