Jobs and Income, Maine’s Economy Rising inflation is likely temporary — and the Build Back Better bill will help curb it Over the past several months, inflation has risen relatively quickly, particularly in contrast to the past decade of exceptionally small price increases. This has led to misplaced […] James Myall Posted November 16, 2021 Tags Coronavirus, Economic Security, Economy, Employment, Job Quality, Jobs, Unions, Wages
Maine’s Economy, Taxes and Budget Amending Build Back Better to lift SALT cap would undermine tax fairness As President Biden’s Build Back Better plan moves forward, Congressional leaders are considering an increase to the state and local tax (SALT) deduction. Under current law, individuals […] Sarah Austin Posted November 10, 2021 Tags Budget, Federal, Income Tax
Jobs and Income, Maine’s Economy, Taxes and Budget New research finds Biden agenda would strengthen long-term economic growth, ease inflation On Thursday, Moody’s Analytics released an assessment of the projected macroeconomic impact of both the federal infrastructure and Build Back Better reconciliation bills. The analysis found the […] Arthur Phillips Posted November 4, 2021 Tags Economy, Federal
Jobs and Income, Maine’s Economy REPORT: State of Working Maine 2021 Download the PDF version FULL REPORT SUMMARY Introduction The experiences of frontline workers during the pandemic offer lessons beyond the public health threat. They point to a […] James Myall Posted November 3, 2021
Jobs and Income, Maine’s Economy Jobs report highlights continued barriers to Mainers returning to work Today, the Maine Department of Labor released data showing a modest decline in jobs, further evidence that the September 4 expiration of supplemental unemployment support for tens […] Arthur Phillips Posted October 22, 2021 Tags Economy, Employment, Job Quality, Jobs, Unemployment, Wages
Maine’s Economy, Taxes and Budget American Rescue Plan Act funding creates opportunity for Maine counties Congress passed the American Rescue Plan Act (ARPA) to provide relief to states and localities in the wake of the COVID-19 pandemic, and with its passage, an […] Maura Pillsbury Posted October 8, 2021 Tags Economic Security, Economy
Maine’s Economy, Taxes and Budget Guidance for county spending of American Rescue Plan Act funds The Maine Center for Economic Policy recently submitted this guidance to counties to help ensure ARPA funds adequately respond to local data-demonstrated needs and reduce inequality in […] Maura Pillsbury Posted October 8, 2021
Jobs and Income, Taxes and Budget Build Back Better promises to transform child care The Biden administration’s Build Back Better plan is a once-in-a-lifetime opportunity to fundamentally change the lives of working people, families, and children in Maine. Among other pillars, the plan […] Arthur Phillips Posted September 29, 2021 Tags Budget, Caregiving, Children, Jobs, Wages
Taxes and Budget House Ways and Means Committee tax plan rebalances tax code, boosts incomes for Mainers New analysis by the Institute on Taxation and Economic Policy found provisions in a bill recently approved by the House Ways and Means Committee would improve tax […] Sarah Austin Posted September 29, 2021 Tags Economic Security, Incomes, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Child Tax Credit expansion reducing hunger, increasing security for Maine kids — Congress must continue this life-changing program The Biden administration’s improvements to the Child Tax Credit (CTC) are cutting child hunger and improving economic security for families nationwide. About 4 out of 5 kids […] Sarah Austin Posted September 27, 2021 Tags Children, Coronavirus, Economic Security, Economy, Food Insecurity, Tax Fairness, Taxes