Aging Americans, like other age groups, are feeling the effects of the declining real estate and stock markets, as well as soaring fuel and food prices. Seniors’ economic security will only increase in importance as the U.S. population ages.
The Child Tax Credit provides tax-based assistance to families with children. Families can claim up to $1,000 for each child, reducing the amount they owe in taxes, and under certain circumstances, increasing the amount of their yearly tax refund.
New York City has begun a concerted effort to reduce poverty. They found that they needed a more accurate measure of income and expenditures among low-income people in order to assess whether their proposed anti-poverty policies would work.
The Low Income Home Energy Assistance Program is a federal block grant that assists low-income households with energy costs by providing funding to the 50 states and other jurisdictions to operate home energy assistance programs.
Yesterday, President Bush signed a war spending bill that includes a much-needed extension of unemployment benefits for millions of long-term unemployed Americans.
With 324,000 jobs lost over the past 5 months and the unemployment rate taking the biggest one-month jump in 22 years, the House voted twice in two days on legislation to extend jobless benefits for people who have exhausted state unemployment insurance.
The Earned Income Tax Credit is a refundable federal income tax credit for low-income working individuals and families. When the EITC exceeds the amount of taxes owed, it results in a tax refund to those who claim and qualify for the credit.
The unemployment rate jumped in May by half a percent, rising from 5.0 to 5.5 percent, the biggest increase in over 20 years, according to figures released today by the Department of Labor. The last time the unemployment rate increased by this much was February 1986.
On April 25, 2007, the Center for American Progress’ Task Force on Poverty, co-chaired by Peter Edelman and Angela Glover Blackwell, released its recommendations to cut poverty in half in the next ten years. “From Poverty to Prosperity: A National Strategy to Cut Poverty in Half” outlines the fourfold goal of promoting decent work, providing […]
The Center for American Progress’s Task Force on Poverty outlines its goals to promote decent work, provide economic opportunity for all, ensure economic security, and help people build wealth.