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A woman and her four young children unload grocery bags around a kitchen island.
Greg 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.

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  • A middle-age and elderly woman sit in a sunny kitchen in front of a wooden table examining mail.
    Howard Gleckman discusses the One Big Beautiful Bill Act’s effects on Social Security benefits
    Summary
    In an emailed announcement praising the passage of the One Big Beautiful Bill Act, the Social Security Administration says the legislation will eliminate federal income tax on Social Security benefits, but the enhanced deduction actually reduces households’ taxes based on overall income.
  • An elderly woman in a blue shirt and white cardigan sits in her apartment in front of bills, a ledger, and her wallet examining receipts.
    Howard Gleckman discusses the One Big Beautiful Bill Act’s senior tax deduction
    Summary
    The One Big Beautiful Bill Act includes a new tax deduction for Americans ages 65 and older, but the benefits will vary based on their income and filing status.
  • A close-up of a pair of scissors cutting an American $1 bill in half
    Joseph Rosenberg on the tax cuts in the One Big Beautiful Bill Act
    Summary
    For Americans with low incomes, reduced spending on safety net protections in the One Big Beautiful Bill Act may offset potential savings from the bill’s tax cuts, leading to a disproportionate benefit for some.
  • A large, empty interior space of a building under construction or renovation with unfinished concrete floors and exposed ceiling pipes and wiring.
    Jorge González-Hermoso discusses office-to-residential conversions
    Summary
    Following the COVID-19 pandemic’s shift toward remote work, urban business districts are redeveloping to accommodate new residential growth, and those moving in tend to be younger.
  • A woman in an apron and plaid shirt tidies up the refrigerated produce section in a grocery store.
    Heather Hahn discusses work requirements for federal safety net programs
    Summary
    Changes to safety net programs include dozens of updates to deadlines and document requirements, which may make it more difficult for eligible people to enroll and claim benefits, especially if they work multiple jobs or have inconsistent work schedules.
  • An elderly man and woman sit at a desk in a professional's office with a portfolio in front of them, discussing the file's contents.
    Michael Karpman discusses Medicaid work requirements
    Summary
    The One Big Beautiful Bill Act would require Medicaid-expansion states to impose work requirements for enrollees looking to get or maintain coverage, which may introduce barriers that cause eligible applicants to lose coverage.