Robert McClelland on Supreme Court’s tariff ruling SummaryAt the end of February, the US Supreme Court overruled a swath of the Trump administration’s import taxes.
Greg Acs discusses how Virginia leaders could approach affordability SummaryGreg Acs, vice president for the Tax and Income Supports Division at the Urban Institute, spoke with Virginia Public Media about the risks of addressing affordability in a zero-sum context that focuses on who bears the short-term costs of a policy instead of its potential for growth.
Margot Crandall-Hollick on changes to the child tax credit SummaryUnder the One Big Beautiful Bill Act, the child tax credit maximum has been increased from $2,000 to $2,200, meaning some families may receive a bigger refund this tax season. However, the $2,500 earnings minimum and $1,700 refund cap means many low-income families won’t receive the full credit.
Brett Theodos and Brady Meixell on income changes the past 50 years SummaryMedian household incomes have increased nearly 32 percent since 1970, but that growth hasn’t been equally distributed nationwide.
Andrew Rumbach discusses backlogged disaster aid SummaryNew and pending disaster claims have accumulated in response to a directive from the Homeland Security Secretary directive for increased review before state and local disbursement
Andrew Rumbach on LA’s recovery and reconstruction timeline one year after wildfires SummaryFewer than a dozen homes have been rebuilt since the Palisades and Eaton fires burned through Los Angeles one year ago, though hundreds more are expected to be completed later this year.