Publications

Publications

The Case for a More Distributed Federal Workforce

The Biden administration has a unique and largely undiscussed opportunity. Prior to Covid-19, 5 percent of the U.S. workforce primarily worked from home. During the pandemic, this share rose as high as 50 percent; as of November, 36 percent of federal workers were still working remotely. With vaccines already beginning to roll out, this temporary…

The Low-Income Tax Trap and COVID: The Real Societal Cost of Having the IRS Do Too Much

The working poor are burdened with some of the most complex tax returns in the country as they annually claim Earned Income Tax and Child Tax refundable credits.  In the coming months, low- and middle-income Americans who received unemployment insurance payments during the Covid-19 pandemic may also face a “tax trap” that unexpectedly reduces their…

The GOP’s Pivot Away From Fiscal Relief Hurts Millions of Americans

At every turn, the Trump administration and Republicans in Congress have bungled the coronavirus pandemic and shortchanged our recovery. For the first month after most programs created by the CARES Act - the last major stimulus bill passed by Congress back in March - expired, the GOP wasted valuable time on half-measures that could not…

Weave a Stronger Safety Net Post-COVID

The coronavirus pandemic has opened some gaping holes in our nation’s social safety net, especially where hunger and malnutrition are concerned. Millions of low-income workers have lost their jobs (and will soon lose expanded unemployment benefits if Congress fails to extend them) and millions of children in low-income families have lost access to school meals…

Create a “Fiscal Switch” to Make Our Economy More Resilient Against Recessions

The federal government is on track to run a record-shattering $4 trillion budget deficit in 2020, in large part due to its aggressive fiscal response to the pandemic-induced recession. Some on the right have raised alarm about this borrowing, despite their support for budget-busting tax cut and border-control policies over the last three years. The…

Create Two Million New Businesses

Millions of America’s smallest businesses have been severely affected by the COVID-19 crisis. They’ve seen revenue evaporate and have been forced to lay off millions of workers. Over two million small businesses had simply disappeared by June 2020. The U.S. economy now finds itself in a deep hole, with millions of small businesses gone for…

Democratize Capital Ownership

As Covid-19 wreaks havoc in Southern and Sunbelt states, America’s battered economy faces a new round of shutdowns, bankruptcies and layoffs. Yet one sector seems strangely buoyant – the financial markets. From its all-time high in mid-February, the S&P 500 plummeted 34%, only to recoup all its losses by mid-June. What explains Wall Street’s remarkable…

Low-Income Borrowers and the Auto Loan Market

Executive Summary Some are concerned that subprime auto loans – which offer higher interest loans to riskier borrowers – pose a threat to the stability of the global economy in much the same way that the subprime mortgage market contributed to the Great Recession. Democratic presidential candidate Elizabeth Warren, in particular, has raised the warning…

Funding America’s Future: A Progressive Budget for Equitable Growth

PPI’s Progressive Budget for Equitable Growth gives the next administration a framework for investing in our country that doesn’t stick young Americans with the bill. It powers the engines of American innovation by increasing investments in infrastructure, education, and scientific research by more than 70 percent relative to what they would be under current law.…

Reframing the 2020 Health Care Debate

“Health care and poverty are inseparable issues and no program to improve the nation’s health will be effective unless we understand the conditions of injustice which underlie disease. It is illusory to think that we can cure a sickly child and ignore his need for enough food to eat.” Robert Kennedy, 1968 Reframing the 2020…
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