Expanding national service and more affordable higher education are both policy areas gaining traction under the Biden administration. Sarah Nzau explains a policy proposed by Richard Reeves and Isabel Sawhill that could accomplish both.
Recent reforms to tax credits benefitting families have had significant positive effects, but Isabel Sawhill and Morgan Welch argue that they are too complicated, too expensive, and not focused enough on long-term goals. Their new brief breaks down the reforms and offers alternative approaches.
The American Rescue Plan included tax reforms that would cut child poverty by 40%, but the changes are only in affect for one year. In his first blog for Brookings, Visiting Fellow Robert Greenstein looks at the political future of the expanded child tax credit.
Fiscal policy boosted U.S. GDP growth by 14.5 percentage points at an annual rate in the first quarter of 2021. Stay up to date with regular updates from the Hutchins Center on Fiscal and Monetary Policy Fiscal Impact Tracker.
More from Economic Studies
How financial volatility impacts health care decisions. Managing the high costs of health care when you have a volatile income from multiple sources is becoming increasingly more difficult. Aaron Klein and Kavita Patel summarize recent research that included in-depth interviews to find the root of this problem and look for solutions.
Regulating markets most efficiently. Sanjay Patnaik, director of the Center on Regulation and Markets, joins the Brookings Cafeteria podcast to discuss his work on regulation and climate. Plus, David Wessel offers an economic update on inflation expectations.
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