Bob Greenstein
@BobGreensteinDC
Visiting Fellow, @BrookingsEcon & @hamiltonproj; founder and president @CenterOnBudget 1981-2020
Tax cuts for wealthiest estates were set to expire on 12/31/25 Tax cuts for those making over $25M were set to expire on 12/31/25 Tax cuts for health care for 22 million in working families were set to expire on 12/31/25. Trump Budget allowed only this one to expire.
My new essay in @washingtonpost How Trump/Republican principle of extending “current policy” tax cuts is iron clad for the uber-well-off - not for working America. Workers will face a crushing $335 billion tax hike on health care. washingtonpost.com/opinions/2025/…
"There's literally 20 pages of this where Texas knows full well what someone's income is, and they can check with the IRS....This is all about dissuading them from applying." @ZekeEmanuel discusses Medicaid cuts and "savings" with @CitizenCohn:
in honor of @crampell, the 🐐, leaving wapo, here’s the video of when she decapitated stephen moore live on television
This fall, I'll join the University of Oxford as Professor of Social Policy, Inequality & Opportunity. I'll become the Director of the Economics, Inequality and Opportunity Program at INET Oxford, and will join Nuffield College as a Professorial Fellow. inet.ox.ac.uk/news/zach-paro…
I also don't think CBPP is responsible for the politics of legislation that's scored as raising taxes being more challenging than those of legislation that isn't scored that way.
Give me a break, Matt. Let's disagree civilly. I & CBPP never lied to anyone. Our goal always was to secure the largest possible gains for people with low or modest incomes, and I'm proud of what we helped accomplish. I'm disappointed in you for this groundless ad hominem attack.
Though I will also say I feel like Bob doesn't take enough responsibility in proliferating these myths. There is something kind of rich about the CBPP lying to everyone about this for decades and then being like "people just are confused, what can you do"
No, it's not incorrect. Matt says providing a universal benefit costs no more than targeting it if you just raise taxes on upper-middle- and upper-income families getting the benefit. But that assumes a different political universe where policymakers will readily raise taxes.
This is incorrect. Universal programs are less expensive than targeted programs. peoplespolicyproject.org/2022/11/11/uni…