Go to ...

Political Context

The Progressive Mosaic

RSS Feed

Fiscal Cliff

CTC Chart_v3

Low-Income Families Diving Off the Fiscal Cliff

The two most important pieces of the 2001-2011 tax cuts for low-income families were the reduced refundability threshold of the Child Tax Credit (CTC) and the 2 percentage point cut in payroll taxes. The American Taxpayer Relief Act of 2012 (ATRA) extended the former for 5 years and dropped the latter entirely. This, in sharp

Green Party USA

Stein/Honkala: Obama, GOP pushing U.S. in wrong direction in “Fiscal Cliff”

2012 Green Party Presidential and Vice Presidential candidates Jill Stein and Cheri Honkala have issued the following statement: Ending the Great Recession, not the deficit, is nation’s top priority 2012 Green Party presidential candidate Jill Stein said today that the so-called Fiscal Cliff Talks “need to focus on putting Americans back to work while creating