September 2015 Newsletter Interview: Lucy Crane and Rina Saperstein at the United Way of Greater Cincinnati

Why does United Way of Greater Cincinnati support EITC-related work? United Way of Greater Cincinnati focuses on bold goals for income, education and health. There’s a clear link between the Earned Income Tax Credit (EITC) and our mission to build financial stability for individuals and families across the region. The EITC is our nation’s largest…

Financial Resources for Recent Immigrants

Research shows that individuals with limited English proficiency face significant barriers to financial literacy and to navigating everyday financial affairs. The Consumer Financial Protection Bureau (CFPB) has developed a Newcomer’s Guide to Managing Money, currently available in Spanish with more languages on the way. The guides include fact sheets on ways to receive money from…

State-by-State Fact Sheets on the EITC

The Center on Budget and Policy Priorities (CBPP) recently updated its state fact sheets to provide state-specific data on the number of households benefiting from the federal EITC and Child Tax Credit (CTC) as well as demographic data on who receives the credits. The fact sheets also detail the current federal proposals to strengthen the credits and lays out state-specific impacts of each.

Safety Net Program More Effective Than Previously Thought

A recently released report from the Brookings Institution shows that previous analysis of Census data showed that safety net programs cut the poverty rate nearly in half. According to data released recently by the Urban Institute, which correct for underreporting of key government benefits in the Census survey, reveal an even stronger impact: the safety net reduced the poverty rate from 29.1 percent to 13.8 percent in 2012 and lifted 48 million people above the poverty line, including 12 million children.