Taxes and Budget

REPORT: How the Child Tax Credit was spent in Maine

The improved and expanded monthly Child Tax Credit (CTC) has been one of the most successful and popular American Rescue Plan Act programs, providing flexibility to parents […]

MECEP

Posted May 13, 2022

Tags Child Tax Credit, Children, Economic Security, Economy, Federal, Poverty, Taxes

Health Care

Health insurance costs will soar for 66,000 Mainers if Congress doesn’t act

Among the many provisions included in the American Rescue Plan passed by Congress in 2021 was a program to increase the affordability of health insurance purchased through […]

James Myall

Posted May 13, 2022

Tags Children, Federal, Health Care, Seniors

Taxes and Budget

Restoring fairness for the Wabanaki requires Congressional action, too

The Houlton Band of Maliseet Indians, Passamaquoddy Tribe, Penobscot Nation, and Mi’kmaq Nation are recognized under federal law. But unlike the 570 other federally recognized tribes, these […]

Garrett Martin

Posted April 20, 2022

Tags Children, Economic Security, Federal, Inequality

Taxes and Budget

Biden proposes billionaire tax to pay for increased spending on military, public health

Megan Michaud, vice president of programs and policy with the Maine Center for Economic Policy, said by closing offshore tax loopholes and taxing the unrealized capital gains on […]

Beacon

Posted March 29, 2022

Tags Budget, Federal, Revenue, Tax Fairness, Taxes

On anniversary of ARPA, 8,000 children will likely be pushed back into poverty without expanded Child Tax Credit

New analysis also shows Maine stands to lose $70,750,000 in additional economic activity each month without payments to parents. Friday is the first anniversary of the American […]

Posted March 11, 2022

Tags ARPA, Child Tax Credit, Children, Economic Security, Economy, Federal

Taxes and Budget

Sen. King joins Democratic legislators in call for tax fairness at state and federal level

Fecteau and Terry spoke about the tax landscape in Maine and the importance of creating a fairer system in the state. During the panel discussion, Sarah Austin, […]

Beacon

Posted February 2, 2022

Tags Budget, Federal, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

How corporations made inflation worse and why Build Back Better could help

Fortunately, the rising costs of energy, cars and a host of other goods show signs of easing in the year ahead. The price of gas peaked in November at […]

Bangor Daily News

Posted January 28, 2022

Tags Budget, Coronavirus, Economic Security, Economy, Federal

Taxes and Budget

Study on child brain activity another reason for congressional activity on child tax credit

Even with some caveats, the early results should crystallize for lawmakers what was already clear with the expanded child tax credit: Now is not the time to […]

Bangor Daily News

Posted January 27, 2022

Tags Children, Federal, Tax Fairness, Taxes

Taxes and Budget

Report: Only a third of PPP money went to the workers it was intended for

Keeping in line with previously released data that demonstrated that PPP loans overwhelmingly went to big businesses, the new study found that the loans were inefficient in their […]

Beacon

Posted January 26, 2022

Tags Budget, Federal, Jobs

Maine’s Economy

MECEP context and quotes on inflation and surplus

AUGUSTA, Maine — Ahead of the U.S. Bureau of Labor Statistics Friday release of the November Consumer Price Index data on Friday, December 10, the Maine Center for Economic […]

Posted December 9, 2021

Tags Coronavirus, Economy, Federal, Wages

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REPORT: How the Child Tax Credit was spent in Maine

Health insurance costs will soar for 66,000 Mainers if Congress doesn’t act

Restoring fairness for the Wabanaki requires Congressional action, too

Biden proposes billionaire tax to pay for increased spending on military, public health

On anniversary of ARPA, 8,000 children will likely be pushed back into poverty without expanded Child Tax Credit

Sen. King joins Democratic legislators in call for tax fairness at state and federal level

How corporations made inflation worse and why Build Back Better could help

Study on child brain activity another reason for congressional activity on child tax credit

Report: Only a third of PPP money went to the workers it was intended for

MECEP context and quotes on inflation and surplus