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

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

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, Child Care, 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

Taxes and Budget

Legislative watchdog finds Maine seed capital program needs fixing

Maine spends hundreds of millions of dollars each year in business tax incentives. Because allocating money for this purpose reduces potential investments in other priorities including education […]

Maura Pillsbury

Posted September 21, 2021

Tags Budget, Tax Breaks, Taxes

Taxes and Budget

State lawmakers make unprecedented investments in Maine communities and families this session

Lawmakers delivered unprecedented resources to Maine people and communities this year as federal dollars and strong state tax revenues supported historic levels of investment in response to […]

Sarah Austin

Posted September 10, 2021

Tags Budget, Caregiving, Children, Education, Higher Education

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Rising inflation is likely temporary — and the Build Back Better bill will help curb it

Amending Build Back Better to lift SALT cap would undermine tax fairness

New research finds Biden agenda would strengthen long-term economic growth, ease inflation

Jobs report highlights continued barriers to Mainers returning to work

American Rescue Plan Act funding creates opportunity for Maine counties

Build Back Better promises to transform child care

House Ways and Means Committee tax plan rebalances tax code, boosts incomes for Mainers

Child Tax Credit expansion reducing hunger, increasing security for Maine kids — Congress must continue this life-changing program

Legislative watchdog finds Maine seed capital program needs fixing

State lawmakers make unprecedented investments in Maine communities and families this session