Category: Center on Budget and Policy Priorities

Poverty Rate Was Stable Before Trump’s Safety Net Cuts Gained Force

The New York Times – Business:
Median household income rose to a record $87,460 in 2025, according to annual Census Bureau data on the financial well-being of Americans.
Black Unemployment Is Surging Again. This Time Is Different.

Federal layoffs and an end to diversity initiatives have weakened a historically strong labor market for Black workers.
The 6 Social Security Myths That Won’t Go Away

The program gave birth to the idea of retirement and covers nearly all Americans — but now it faces major financial and customer service challenges.
Study Undercuts Idea That Cash Payments to Poor Families Help Child Development

Rigorous new research appears to show that monthly checks intended to help disadvantaged children did little for their well-being, adding a new element to a dispute over expanded government aid.
FSA vs. HSA: What to Know About the Accounts to Pay Medical Costs

Flexible spending accounts and health savings accounts both have tax benefits, but both may also have drawbacks, two reports found.

Poverty Rate Was Stable Before Trump’s Safety Net Cuts Gained Force