CHN’s latest Human Needs Report: Stopgap spending bill passes, debt ceiling disaster averted, and more
CHN just released another edition of the Human Needs Report. Read on for a breakdown of what’s in the Build Back Better Act, the latest on FY22 spending bills, where the debt ceiling showdown stands, and more. Download a PDF of the report here.
In This Edition
Congress could pass once-in-a-generation investments with Build Back Better package and bipartisan infrastructure bill this month
The Build Back Better Act has the potential to be one of the most significant investments in supports for America’s families to date. Read on for some of the key components of the Build Back Better Act, including in the areas of health care, child care, low-income tax credits, housing, hunger, education, and more. READ MORE
Debt ceiling disaster averted – for now
President Biden is expected to sign legislation this week to increase the nation’s borrowing limit, also known as the debt ceiling, but what happens when the next deadline hits around December remains unclear. Economists and business leaders overwhelmingly agree that failure to raise the debt ceiling would be catastrophic damage to the U.S. and to economies worldwide. READ MORE »