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
Related:
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:
- Bill Would Expand, Strengthen Coverage for Children and Families
- Bill's High-Income Surcharge Is Sound and Well Targeted
- Bill Would Strengthen Medicare
- Bill Would Help Ensure Affordable, Quality Coverage for Older Adults
- More:
- Health Reform Analyses
New From the Center
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How Much Would a State Earned Income Tax Credit Cost in 2010?
November 12, 2009
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Berkley Estate Tax Bill Would Add Billions to Deficit While Benefiting Only Wealthiest 1 in 500 Estates
Revised November 9, 2009
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Podcast: The October Unemployment Report and What It Means for the Economy
November 6, 2009
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Statement: Chad Stone, Chief Economist, on the October Employment Report
November 6, 2009
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Statement: Iris Lav, Senior Advisor, on Defeat of “TABOR” Initiatives In Maine and Washington
November 4, 2009
- More:
- View All
Center in the News
Potential Job Losses Due to State Budget Cuts
CNN
November 12, 2009
Next Up: More Stimulus?
CNNMoney.com
November 12, 2009
States Draw Up Plans for Year of Even Bigger Budget Cuts
Wall Street Journal
November 12, 2009
Incomplete Sentence
Times Daily
November 11, 2009
College Football Coaches See Salaries Rise in Down Economy
USA Today