It is well-established that the temporary Child Tax Credit (CTC) expansion that President Biden signed into law helped drive child poverty to a record low of 5.2 percent in 2021, and that the failure to extend the expanded CTC caused child poverty to spike in 2022. However, analyses differ on how much the expanded CTC…
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President Biden Announces Key Nominees
WASHINGTON – Today, President Joe Biden announced his intent to nominate the following individuals to serve as key leaders in his administration: Charlie Crist, Nominee for Representative of the United States of America on the Council of the International Civil Aviation Organization, with the rank of Ambassador Governor Charlie Crist, a political leader and attorney,…
Empowering the IRS: Understanding the Full Potential of the Inflation Reduction Act’s Historic Investment in the Internal Revenue Service
One of the most important ways that President Biden has added real fairness to the tax code is by providing the Internal Revenue Service (IRS) with the resources they need to reduce the tax gap and improve service delivery for taxpayers. The gross tax gap is the difference between what taxpayers owe and what they…
A Proclamation on National Equal Pay Day, 2023
Despite historic growth, rising wages, and unemployment at a near record low, women working full-time, year-round are paid an average 84 cents for every dollar paid to men. Pay disparities are even more pronounced for Black women, Native American women, Latinas, many Asian American women, and women with disabilities. On Equal Pay Day,…
A Proclamation on National Family Week, 2022
During National Family Week, we celebrate the power of family, whose love and dreams for the future have made this Nation strong for generations. For me and the First Lady, family is everything. That is why, from day one, my Administration’s top priority has been to build an economy that works for…
Remarks by President Biden in Cabinet Meeting
Cabinet Room 2:36 P.M. EST THE PRESIDENT: Well, I want to thank you all for being here. I want to thank Vice President Harris, who is on the line. I asked her to go to Paris to meet with Macron — with President Macron — and to work on some things relating to Libya and…
Federal Income Support Helps Boost Food Security Rates
By Chair Cecilia Rouse and Brandon Restrepo Hunger is an ongoing challenge in the United States, particularly in times of economic distress. U.S. food assistance programs are countercyclical and help stabilize the U.S. economy when it experiences a contraction. In this blog, we provide analysis showing that the activation of pandemic relief programs was followed…
What They Are Reading in the States: Announcements of Significant Investments in Broadband, Environmental Justice, and Bridges, Cap off President Biden’s Investing in America Tour
From Madison, WI to San Antonio, TX, Americans up and down the country are reading about significant investments in their communities announced by the Biden-Harris Administration during the third week of the Investing in America Tour. On Thursday, Vice President Harris visited the Arland D. Williams Jr. Memorial Bridge which connects Virginia to the nation’s capital…
American Rescue Plan
The American Rescue Plan is delivering direct relief to the American people, rescuing the American economy, and starting to beat the virus. For a full overview of what’s in the plan, click here. Help is here withthe American Rescue Plan Learn more about how to access your benefits here: * How to file your taxes with…
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The American Rescue Plan will provide direct relief to Americans struggling due to the COVID-19 pandemic. From completing the $2,000 stimulus payments, to getting kids back in school and parents back to work, to making sure vaccines are free for everyone who wants one – the ARP is a targeted plan to put us on…
