Child tax credit

CAMBRIDGE GUARANTEED INCOME PILOT SHOWS INCREASED FINANCIAL STABILITY, HIGHER EMPLOYMENT AND BETTER EDUCATIONAL OUTCOMES FOR CHILDREN

Retrieved on: 
Wednesday, March 27, 2024
Employment, Attention, Michael Tubbs, Universal basic income, Child, Tribeca Festival, Partnership, MIT, Heel, Mental health, City, Research, Food security, Child tax credit, Quality of life, CCF, Parenting, Poverty, Mayor, Housing, Harvard University, Multimedia, Parent, CEOC, Councillor, Renewable energy

CAMBRIDGE, Mass., March 27, 2024 /PRNewswire/ -- Today, Mayors for Guaranteed Income, Councillor and former Mayor Sumbul Siddiqui, and a wide-range of project partners welcomed the release of independent data on the Cambridge RISE Guaranteed Income Program, showcasing significant improvements in financial health, higher rates of employment, increased time and space for parentings, and better educational outcomes for children.

Key Points: 
  • CAMBRIDGE, Mass., March 27, 2024 /PRNewswire/ -- Today, Mayors for Guaranteed Income, Councillor and former Mayor Sumbul Siddiqui, and a wide-range of project partners welcomed the release of independent data on the Cambridge RISE Guaranteed Income Program, showcasing significant improvements in financial health, higher rates of employment, increased time and space for parentings, and better educational outcomes for children.
  • Improved financial health — On average, recipients of the guaranteed income reported higher incomes and lower income volatility and were better able to cover a $400 emergency expense compared to a control group of similar Cambridge residents who did not receive the direct cash.
  • Increased time and space for parenting — Guaranteed income allowed recipients to give more attention and support to their children, who in turn experienced improved educational outcomes compared to similar families without the direct cash.
  • One participant in the RISE pilot explained the benefit, stating, "This [guaranteed income] it's not just benefiting me, it's benefiting my daughter.

Share Our Strength Unveils Groundbreaking Investment of $6.7 Million to Advance Economic Mobility for Single Mothers and Their Children

Retrieved on: 
Thursday, March 14, 2024
Share Our Strength, Employment, Organization, Hunger, Public policy, Food, Policy, Child tax credit, Poverty, Woman, Housing, Toy

WASHINGTON, March 14, 2024 /PRNewswire/ -- Share Our Strength, the organization behind the award-winning No Kid Hungry campaign, has launched a groundbreaking initiative aimed at addressing the root causes of childhood hunger in the United States. Recognizing that it takes more than food to end hunger, Share Our Strength is investing $6.7 million across 28 organizations in 12 states to help families, particularly single mothers with lower incomes and their children, achieve financial security. Through advocacy for policy change and programmatic strategies, partners are working on three high-impact areas: removing barriers to increased incomes and wages, reducing the cost burden of food, and shifting the narrative around single mothers experiencing poverty.

Key Points: 
  • Recognizing that it takes more than food to end hunger, Share Our Strength is investing $6.7 million across 28 organizations in 12 states to help families, particularly single mothers with lower incomes and their children, achieve financial security.
  • "Strong, stable, and secure mothers help raise strong, stable, and secure kids," said Lillian D. Singh, senior vice president, Family Economic Mobility at Share Our Strength.
  • As Share Our Strength launches their economic mobility work, we know they will champion this work through their expertise and innovation to bring a far-reaching impact in ending hunger."
  • Additional funders of Share Our Strength's family economic mobility work include the Robert Wood Johnson Foundation and the Sodexo Stop Hunger Foundation.

NEW POLL REVEALS OVERWHELMING SUPPORT FOR GUARANTEED INCOME

Retrieved on: 
Tuesday, February 20, 2024
Child, Research, Poverty, Multimedia, Social, Child tax credit, Tribeca Festival, Social Security, Diversity, Medicare, Policy, Universal basic income, Politics, AAPI, Renewable energy

WASHINGTON, Feb. 20, 2024 /PRNewswire/ -- Today, Lake Research Partners, in consultation with Chesapeake Beach Consulting, released groundbreaking poll results highlighting widespread support for guaranteed income across demographics.

Key Points: 
  • "Guaranteed income is a popular policy - across all ages, political parties, and geographic regions, voters know that guaranteed income makes families and communities stronger and more resilient.
  • "Guaranteed income has broad support across the country that rivals some of the oldest, most popular anti-poverty policies in America.
  • "We've always known that guaranteed income is good policy, and now we know it's good politics," said Saint Paul Mayor Melvin Carter, a national co-chair for Mayors for a Guaranteed Income.
  • Commissioned by Mayors for a Guaranteed Income , a coalition of 150 current and former mayors committed to advancing a federal guaranteed income, and Counties for a Guaranteed Income , the survey was conducted from November 20, 2023, to December 8, 2023, and reached 1,800 general election voters.

RESULTS OF SAINT PAUL GUARANTEED INCOME PILOT SHOW INCREASED EMPLOYMENT, IMPROVED OUTLOOK

Retrieved on: 
Monday, December 18, 2023
Quality of life, Child tax credit, Family, Survival, CARES Act, Multimedia, Government, Research, Depression, Hope, City, Universal basic income, University, Mental health, Anxiety, COVID-19, Michael Tubbs, Tribeca Festival, Mayor, Employment

Results of the People's Prosperity Pilot were studied by the Center for Guaranteed Income Research (CGIR) at the University of Pennsylvania.

Key Points: 
  • Results of the People's Prosperity Pilot were studied by the Center for Guaranteed Income Research (CGIR) at the University of Pennsylvania.
  • While actively receiving guaranteed income payments, families also maintained or improved their financial stability, allowing them to save money and smooth income volatility.
  • "The guaranteed income payments took a weight off my shoulders," said Lucille O'Quinn, guaranteed income recipient.
  • "The results from Saint Paul's guaranteed income program fill me with hope," said Michael D. Tubbs, founder of Mayors for a Guaranteed Income.

MEDIA ALERT: Wolters Kluwer highlights strategic year-end tax planning considerations for U.S. market

Retrieved on: 
Wednesday, December 6, 2023
Software, Banking, Accounting, Professional Services, Data Management, Technology, Other Education, Education, Other Professional Services, Legal, Finance, Consulting, Reuters, Strategic planning, Form 1099-K, Small business, Child tax credit, IRS, TAA, Interview, Life insurance

Here Wolters Kluwer Tax & Accounting (TAA) North America provides expert insights into key areas of focus and strategic year-end tax planning as it relates to individuals, corporations and the tax and accounting profession.

Key Points: 
  • Here Wolters Kluwer Tax & Accounting (TAA) North America provides expert insights into key areas of focus and strategic year-end tax planning as it relates to individuals, corporations and the tax and accounting profession.
  • What: Year-end tax planning is often the last chance many have to take critical actions that will directly impact 2023 tax returns.
  • Resources: Wolters Kluwer has published a Tax Briefing for 2023 Year End Tax Planning, which can be downloaded at the following link: engagetax.wolterskluwer.com/2023-Year-End-Tax-Planning .
  • Wolters Kluwer TAA federal tax experts are also available to discuss the year-end planning strategies for 2023, or any other current tax topics impacting business and individual taxpayers.

UnidosUS and Wells Fargo Launch Awareness Program to Reach Unbanked Latinos

Retrieved on: 
Thursday, December 14, 2023
Federal Deposit Insurance Corporation, Policy, Bank on California, Senior, Consumer, Unidos, Wells Fargo, Child tax credit, Movement, UnidosUS, FDIC, City, Bank

The awareness campaign aims to make progress toward a more equitable, affordable, and accessible financial system for all.

Key Points: 
  • The awareness campaign aims to make progress toward a more equitable, affordable, and accessible financial system for all.
  • "We're excited to work with Unidos and the CFE Fund to help spread awareness of low-cost, affordable banking accounts for many unbanked and underserved Latinos.
  • UnidosUS, the CFE Fund, and Wells Fargo are launching this program by identifying  communities in which there are high concentrations of unbanked Latinos, help to increase awareness of Bank On certified accounts and connecting unbanked Latinos with these accounts, and develop policy that can support future efforts to reach the unbanked.
  • We're thrilled to partner with UnidosUS and Wells Fargo to test strategies to grow awareness of Bank On products for unbanked Latinos."

Code for America Named in Fast Company's Third Annual List of Brands That Matter

Retrieved on: 
Tuesday, October 3, 2023
Autumn, Partnership, Shoulder, B2B, Association of British HealthTech Industries, Code for America, Government, Child, Child tax credit, SAN, M&M, Environment, Dungeons & Dragons

SAN FRANCISCO, Oct. 3, 2023 /PRNewswire/ -- Code for America, the leading civic tech nonprofit, announced today it has been named to Fast Company's third annual Brands That Matter list, honoring brands that communicate and demonstrate brand purpose. These companies and nonprofits have built cultural relevance and impact through compelling branding and efforts that naturally extend their presence into the community.

Key Points: 
  • SAN FRANCISCO, Oct. 3, 2023 /PRNewswire/ -- Code for America, the leading civic tech nonprofit, announced today it has been named to Fast Company's third annual Brands That Matter list, honoring brands that communicate and demonstrate brand purpose.
  • "Code for America is proving that government can work for the people, by the people, in the new digital age," said Amanda Renteria, CEO of Code for America.
  • In Colorado, Code for America streamlined the automatic record clearance process to reduce complexity and save over $5 million.
  • The Fall issue of Fast Company magazine is available online now and will be on newsstands beginning October 10, 2023.

1 in 6 People Received Help from Charitable Food Sector in 2022

Retrieved on: 
Wednesday, June 28, 2023
Food, Face, SNAP, Supplemental Nutrition Assistance Program, COVID, Wheat, Child, Claire Babineaux-Fontenot, Child tax credit, Pandemic, Feeding America, Transport, Hunger, Pharmaceutical industry, Agriculture

CHICAGO, June 28, 2023 /PRNewswire/ -- Feeding America, the nation's largest domestic hunger relief and food rescue organization, published a new report today highlighting the latest Charitable Food Assistance Participation Estimate, which estimates the number of people who received assistance one or more times from the charitable food sector. The report finds that in 2022, approximately 49 million people – one out of every six people in the U.S. – turned to hunger relief programs for support, which includes the Feeding America nationwide network of more than 200 food banks, 21 statewide food bank associations, and over 60,000 partner food pantries and meal programs. Last year, the Feeding America network provided 4.9 billion meals to tens of millions of people in need.

Key Points: 
  • The charitable food sector remains a critical support for families who are working to overcome challenges with accessing food, despite budgeting and saving.
  • Additionally, food prices, continuing supply chain disruptions and waning food donations are putting strains on food banks' ability to meet the sustained need.
  • A recent Feeding America food bank survey showed that 80% of responding food banks were reporting either an increase or steady demand for emergency food services.
  • The nutrition programs within the farm bill work in tandem with food banks across the country to assist families and individuals facing food insecurity.

Food Insecurity is Down. So Why Are Lines at Food Pantries Longer Than Ever?

Retrieved on: 
Tuesday, May 23, 2023
Other Philanthropy, Family, Food, Beverage, Philanthropy, Consumer, Other Consumer, Foundation, Retail, Poverty, Housing, Hope, SNAP, Parental leave, Child, Food bank, Child tax credit, Atlanta, Risk, Growth, Health, Death, Child tax credit (United States), Food security, Agriculture, Tourism, Grocery store, Tutoring, Management

Alongside macro-economic factors, the Atlanta Community Food Bank and the network of partners grew dramatically, quadrupling distribution of charitable food.

Key Points: 
  • Alongside macro-economic factors, the Atlanta Community Food Bank and the network of partners grew dramatically, quadrupling distribution of charitable food.
  • Despite the drop in food insecurity, demand for food assistance grew 40% in the past year.
  • As lines grow longer at food pantries, so too are more people at risk of developing chronic health conditions,” adds Waide.
  • Doing so will strengthen our community and ultimately shorten lines at food pantries,” concludes Waide.

New Poll Shows the Nation's Education System and American Families are in Crisis

Retrieved on: 
Thursday, May 11, 2023
Educational technology, Learning, Poverty, National Assessment of Educational Progress, Parent, Child, Congress, School, NPU, Student, Child tax credit, Child tax credit (United States), Policy, Toy, Tutoring

WASHINGTON, May 11, 2023 /PRNewswire/ -- According to a new poll released today by the National Parents Union (NPU), parents are in wide agreement that the state of America's education system is in despair.

Key Points: 
  • WASHINGTON, May 11, 2023 /PRNewswire/ -- According to a new poll released today by the National Parents Union (NPU), parents are in wide agreement that the state of America's education system is in despair.
  • Parents had a similar sentiment on mental health challenges among children with 76% of those surveyed agreeing it is a major problem, and again, 34% saying it's a crisis.
  • The Child Tax Credit would give eligible families monthly checks of $300 per month per child under the age of 6 and $250 per child ages 6-17.
  • The tax credit is a solution that is strongly supported by both parties and is proven to help keep families out of poverty.