Fiscal Policy
Washington Post: White House: Tax stalemate means average family sees $1,600 tax hike next year
A standoff with Congress that results in the January expiration of wide-ranging tax cuts would mean 114 million families would see average tax increases of $1,600 next year, the White House says.
The New York Times: G.O.P. Senators Face Risks Over Proposal on Tax Cuts
Senate Republicans will press this week to extend tax cuts for affluent families scheduled to expire Jan. 1, but the same Republican tax plan would allow a series of tax cuts for the working poor and the middle class to end next year.
A majority of Boulder voters support extending the Climate Action Plan tax, though they're not entirely sure what it has done to advance the city's goals, a survey found. The level of support found in the survey -- 58 percent of respondents either strongly supported or somewhat supported extending the tax -- is less than campaign organizers like to see far from an election, but Boulder leaders say they have a "great story" to tell about the tax and bolster support.
Health Care
Washington Post: The cost of the Medicaid opt-outs
The American Action Forum Tuesday morning released a report that looks at how states opting out of the Medicaid expansion could impact the federal budget. It predicts, if states decline to participate, the federal government would be on the hook for higher spending - even as the health-care law extended coverage to fewer people.
Congressional Budget Office: Upcoming Health Care Analyses
CBO expects to release two reports related to the Affordable Care Act (ACA) tomorrow, July 24th, around 2 pm. One report will present updated projections of the budgetary effects of the coverage provisions of the ACA to reflect the Supreme Court's recent decision. The other report will present a cost estimate for the repeal of the ACA that passed the House of Representatives on July 11th.
Jobs and the Economy
Home values in the Denver metro area have increased 3.5 percent from a year ago and will go up 1.6 percent in the next 12 months, Zillow predicted Tuesday in its report on housing in the second quarter of 2012.
