Macroeconomics of the Child Tax Credit

Macroeconomics of the Child Tax Credit

The nonpartisan Joint Committee on Taxation (JCT) recently provided lawmakers with a dynamic score and macroeconomic analysis of a policy to permanently extend the child tax credit (CTC) enacted in President Joe Biden’s American Rescue Plan Act of 2021 (ARP).

Health Care Jobs Gap Remains Serious

Health Care Jobs Gap Remains Serious

Employment in the health care sector increased by 56,700 in June, more than double the average monthly pace in this sector during the last year, according to last Friday’s jobs report.