Budget Blog

Below are a few stories from late last week and over the weekend highlighting Senator Murray’s 21st Century Worker Tax Cut Act, which would complement critical reforms like raising the minimum wage by helping workers and families in today’s economy keep more of what they earn.

E.J. Dionne, Washington Post Columnist: “…one of last week's most important and least noted political events was the introduction of the 21st Century Worker Tax Cut Act by Sen. Patty Murray, D-Wash. Murray favors a minimum wage increase to $10.10 an hour, but she also has other ideas that would help Americans at the bottom of the income structure to earn more.” LINK

Reihan Salam, National Review Columnist: “…Murray has done us a service by advancing a serious proposal that has the potential to better the lives of a large number of workers.” LINK

CQ News: “The Washington Democrat’s proposal, released this week to coincide with the unveiling of the Democrats’ ‘fair shot’ election-year agenda, would expand the Earned Income Tax Credit and create a new credit for families with two earnersAn anchor of federal anti-poverty programs that has grown dramatically since its inception in 1975, the EITC is drawing renewed interest on both sides of the aisle: Republicans see the program as a more efficient alternative to raising the minimum wage, and Democrats have made expanding it a cornerstone of their efforts to fight income inequality. LINK