Expanding EITC for Young Adults The American Rescue Plan Act (ARPA) temporarily expanded Earned Income Tax Credit (EITC) eligibility for the 2021 tax year to young workers (19-24) who don’t have dependent children and increased the maximum credit from $542 to $1,502. This EITC expansion…
Providing Income to Unemployed Workers Federal Pandemic Unemployment Assistance—enacted by the Coronavirus Aid, Relief, and Economic Security (CARES) Act—helped people unable to work due to the pandemic. This included self-employed workers, those seeking part-time employment, or people who otherwise wouldn’t qualify for regular unemployment benefits.…
After the unanimous election by the Center for Law and Social Policy’s board of trustees, board member David A. Hansell will assume the role of CLASP board chair in January.
Despite a new legislative agenda when the 118th Congress is sworn in, there’s still time for the current Congress to act on a range of issues important to economic equity and opportunity.
Relief funding has been a critical lifeline for child care providers and families with young children. But providers need more support to recover and for transformative change.
Thanks to powerful federal investments in programs that support people seeking economic security, the child poverty rate in 2021 as measured by the Supplemental Poverty Measure (SPM) dropped by nearly half, from 9.7 percent in 2020 to 5.2 percent in 2021, the lowest level measured.
The proposed Inflation Reduction Act of 2022 is a significant step forward for restoring fairness to our tax system, reducing health care coverage costs, and addressing the climate crisis—which disproportionately harms communities of color and those with low incomes—even as it falls far short of…
Indivar Dutta-Gupta, President and Executive Director of the Center for Law and Social Policy, testifies to the U.S. House of Representatives Select Committee on Economic Disparity & Fairness in Growth Hearing on: Building a Modern Economic Foundation: Economic Security and Income Support for 21st Century…
If you were claimed as a dependent in 2020, but not in 2021, you can be eligible for the third stimulus payment—even if someone received a payment on your behalf. Read on for a breakdown of some of the basic rules you need to know.