President Biden's proposed budget seeks to address long-standing economic and racial inequities through new investments in infrastructure, jobs, education, and research.
Although the Internal Revenue Service does not ask about a tax filer’s race and ethnicity, tax laws still create different outcomes depending on a person’s race and ethnicity because of existing inequities.
Expansion of the earned income tax credit would allow childless workers to receive critical income support and would improve equity between families with children and those considered childless.
If college football games are canceled or played without fans, the resulting loss of economic activity and the associated tax revenues for college towns will be devastating.
Before the pandemic swept across the United States, the president released his annual budget, sharing his vision for federal spending over the next year and decade.
