With seniors expected to make up nearly a quarter of West Virginia’s population by 2035, policymakers need to plan today to ensure seniors have a secure retirement, according to a new report by the West Virginia Center on Budget and Policy and the West Virginia Partnership for Elder Living. The report examines the current economic…
Economic Security
Starting next year, the state Department of Health and Human Resources plans to cut child care subsidies, affecting 800 families and 1,400 children. According to state officials, the cuts are necessary due to a depletion of surplus federal funds and are expected to save the state $8 million. Could the state find $8 million in the budget…
Last year, legislation was introduced in Congress to apply the Social Security payroll tax to earnings above $250,000, to help alleviate Social Security's long term budget shortfall. Currently, wages over a certain yearly total ($110,100 this year) are exempted from Social Security payroll taxes. Raising or eliminating this cap could help strengthen Social Security's finances, but for…
West Virginia’s unemployment insurance program is in urgent need of re?tooling, especially with the state’s rapidly rising unemployment. Read
The West Virginia Center on Budget and Policy proposes key actions to strengthen early childhood programs. Read
Parents have an increasingly difficult time finding child care as the state’s child care providers are hard-pressed to keep their doors open and provide the quality of care important for the developing child. Read