Transfers from programs like Medicaid, CHIP, and SNAP represent an increasing share of income for low to middle income groups.
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The share of total pre-tax income has sharply increased for the wealthy, but decreased for low-income households.
Today, the Federal Reserve announced a decrease in the federal funds rate — the interest rate at which commercial banks lend to each other overnight .
While there has been positive news about recent wage growth, looking back over the last 40 years reveals a different story for the average worker.
Between 1979 and 2016, income increased more quickly for high-income earners.
Income growth since 1979 is larger for high-income earners, even when including transfers and taxes.
Americans and the economy are vulnerable to a series of high-stakes fiscal deadlines, with an uncertain path forward.
The population of the United States is aging rapidly. Soon we will be a nation of Floridas.
Life expectancy at birth in the United States is lower than in other developed countries, despite higher healthcare costs.
The national debt is on an unsustainable path.