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The Abstract
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> Edited by Torie Ludwin, Arnold Ventures (AV)
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Tax Talk at Punchbowl This Week
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AV President and CEO Kelli Rhee, left, with Rep. Rudy Yakym (R-IN), right, at this week's Punchbowl Tax Talk event.
This week, Punchbowl News Founder and CEO Anna Palmer sat down with Rep. Rudy Yakym (R-IN) to discuss tax policy, Republican priorities for the 119th Congress, and the Trump administration. AV's President and CEO Kelli Rhee and EVP of Public Finance George Callas gave opening remarks.
As highlighted by Rhee during the event, it is imperative that Congress extend pro-growth tax policies responsibly to ensure prosperity without increasing the deficit.
Read AV's Proposals for Achieving Fiscally Responsible Tax Reform>
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Oklahoma Governor Stitt on the State's New Partnership with AV
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Public Finance
- The Committee for a Responsible Federal Budget argues that the House’s proposed $2 trillion in spending cuts should be the bare minimum, emphasizing the need for further deficit reduction to ensure long-term fiscal stability.
- The Peter G. Peterson Foundation warns that the total cost of Republicans' tax priorities could add up to $9 trillion to the national debt.
- Forbes examines the enduring debate over the IRS Tax System Modernization Program, analyzing the challenges and political hurdles that have prevented meaningful progress on updating the U.S. tax system.
- The Niskanen Center and Tax Policy Center lay out plans for disentangling the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC), which would help to address improper payments and improve program efficiency.
- 🔒Bloomberg Government notes that with a high federal deficit and ever-increasing spending, the U.S. economy is signaling an impending fiscal crisis that requires immediate action through balanced tax increases and spending cuts.
- Brett Loper and G. William Hoagland write in The Hill that changing the baseline policy would set a regrettable precedent.
Health Care
- The editors at🔒Bloomberg Government review the consequences of cutting Medicaid and reforming Medicare.
- Health Affairs looks at the Trump Administration’s executive order on health care price transparency, which refocuses federal agency efforts on improving compliance and access to already-required price data.
Evidence and Evaluation
- Another replication of City University of New York’s Accelerated Study in Associate Programs (CUNY ASAP) student success initiative, this time implemented at SUNY Westchester Community College, was found to boost graduation rates, researchers at MDRC report.
- An op-ed in the Lawton Constitution praises AV’s partnership for proven programs in Oklahoma, which will provide up to $10 million in matching dollars for policies and initiatives backed by rigorous, causal research.
Criminal Justice
- In an attempt to alleviate overcrowding and understaffing in its prisons, New York plans to begin releasing certain low-risk people and letting them complete their sentences on parole supervision. The plan comes after the state fired around 2,000 corrections officers who had engaged in an unauthorized strike, WRGB reports.
- In an op-ed for the Missouri Independent, Rachel Wright, national policy director for Right On Crime, explains how “tough-on-crime" policies like those being debated now in Missouri can be counterproductive, driving up prison populations and costs while not improving the rate crimes are solved.
- In San Francisco, car break-ins are now at their lowest levels since 2003, SFist reports. The massive drop over previous years is at least partially attributable to the deployment of an array of new police technologies, including license plate readers, drones, and bait cars.
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On Wednesday, April 9, at 6 p.m. ET, join us at the Miracle Theatre in Washington, D.C. for an exclusive screening and panel discussion of FAULT LINES: Inside the Housing Crisis, new documentary from filmmakers Nate Houghteling (American Pathogen, State of Pride) and Yoav Attias (Brick City, Chicagoland).
View the film, then join Senator Brian Schatz (D-HI), Representative Laura Friedman (D-CA-30), Atlantic housing reporter Jerusalem Demsas, and Arnold Ventures’ Charlie Anderson for a panel discussion moderated by Dan Reed from Greater Greater Washington.
Click here to register, and visit the FAULT LINES website for more information .
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(Woldgate Woods II (2006) by David Hockney. Photo: Michael Bowles; Getty)
Spring! Could anyone paint it more vibrantly than David Hockney? Fondation Louis Vuitton in Paris will open his largest retrospective ever April 9, straightforwardly titled "David Hockney 25" and more illustratively subtitled " Do Remember They Can't Cancel the Spring." The show will encompass 400 of his works, spanning 1955 to 2025. Some may remember his show from a few years ago at the MFAH Houston, pairing his work with Van Gogh's and including some of his digital paintings. Read more about him, and if you find yourself further intrigued by this boundary-pushing artist, watch " A Bigger Picture," accessible via library card or university ID.
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