Recession and Recovery

Additional Federal Fiscal Relief Needed to Help States Address Recession’s Impact

“[Without additional federal relief,] states will have to take steps to eliminate deficits for state fiscal year 2011 that will likely take nearly a full percentage point off the Gross Domestic Product…[and] in turn, could cost the economy 900,000 jobs next year.

“[This] problem is coming to a head now… because states… are taking steps now to plan their [2011] budgets.”  Read more

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More: Recession and Recovery Analyses

Health Reform

Overview:
House Bill Expands Coverage, Lowers Health Cost Growth, and Reduces Deficits

“The [House bill] would make significant progress in three critical areas:

  • expanding health coverage and ensuring that such coverage is affordable,
  • slowing the growth in health care costs, and
  • instituting essential reforms in the health insurance market.

“Moreover, the bill’s cost is more than fully offset; that is, the legislation would reduce budget deficits by $129 billion over ten years...."   Read more


Related analyses of the House bill:

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