The Republican Budget Plan Will Lead to the Largest Redistribution from the Working and Middle Class to the Ultra-Rich in US History

Originally published at Pennsylvania Policy Center on May 16, 2025. House Republicans are moving with a budget reconciliation bill that makes deep cuts to Medicaid and SNAP to pay for tax cuts to the ultra rich.  One charts sums up the impact of the reconciliation bill. The cuts to Medicaid, the Affordable Care Act, and SNAP total a bit more than 1.1 trillion over ten years.. And that is equal to the tax cuts for people with incomes above $500,000. The Bill Undermines Health Care and Food Security Nationwide While Cutting Taxes Mostly for the Rich Medicaid is and SNAP are on the chopping block. Nationwide, at least 13.7 million people could see their health coverage taken away under the House Republicans’ budget plan attack on both Medicaid and the ACA. In addition, many of the 42 million people who participate in SNAP could lose help affording groceries.   The budget bills passed… Continue reading

Projecting the Costs to the Pennsylvania Budget of Federal Safety Net Cuts

Originally published at Pennsylvania Policy Center on May 9, 2025. VIEW IN A PDF READER. FINAL Projecting the Costs of Safety Net Cuts to PADownload Continue reading

What Project 2025 Means for Pennsylvania Taxpayers

Originally published at Pennsylvania Policy Center on October 31, 2024. by Marc Stier If the federal government in Donald Trump’s potential second term were to adopt the tax proposals in Project 2025, low- and moderate-income Pennsylvanians would pay far more in taxes than they do now and the top 1% would pay much less. That should worry Pennsylvanians. For, if we follow the letter of what Project 2025 proposes, a family of four at the state median family income level of $119,000 would pay an additional $7,167 in taxes. And a family of four with an annual income of $50,000 would pay an additional $7,031 in federal taxes. But a family of four that just breaks into the top 1% of Pennsylvania families, with $750,000 in income, would pay $12,675 less in federal taxes. If, contrary to what Project 2025 explicitly says, we assume that earned income and child tax… Continue reading

Analysis of the Fiscal Year 2024–25 Pennsylvania Budget – Part One

Originally published at Pennsylvania Policy Center on July 26, 2024. VIEW IN A PDF READER, PRINT, OR DOWNLOAD.   Loading Viewer…     Continue reading

A Pennsylvania Budget to Celebrate

Originally published at Pennsylvania Policy Center on February 6, 2024. February 6, 2024 Note: This is an initial review of the fiscal year 2024–25 budget proposed by Governor Josh Shapiro on February 6, 2024. As we delve deeper into the budget we may need to revise or modify the conclusion reached here. Also note that rather than providing one lengthy, in-depth analysis of the entire budget seven weeks or so after it is released, as was done by the previous affiliate of the Center on Budget and Policy Priorities, we will be rolling out our in-depth analysis over the next seven weeks in a series of reports. Overview Governor Shapiro took office a year ago at a time when there was a great deal of uncertainty about the economy and the fiscal state of Pennsylvania, and in the wake of a Commonwealth Court decision holding Pennsylvania’s system of funding public… Continue reading

The Contribution of K–12 Education to Economic Growth and Democracy

Originally published at Pennsylvania Policy Center on November 8, 2023. VIEW IN A PDF READER, PRINT, OR DOWNLOAD. November 8, 2023 The-Contribution-of-Education-to-Economic-Growth-and-DemocracyDownload Continue reading