August 2010 Addendum: A Year or More: The High Cost of Long-Term Unemployment
- Fiscal Federalism Initiative
- Contact Samantha Lasky 202.540.6390
- October 7, 2010
Quick Summary
Pew’s Fiscal Analysis Initiative has released new statistics showing that as of August 2010, 4.4 million people—roughly the population of Louisiana—had been out of work for a year or more; an increase of nearly 30 percent since December 2009. In an update to the April 2010 report, A Year or More: The High Cost of Long-Term Unemployment, researchers also found that federal spending on unemployment benefits will total $160 billion in fiscal year 2010.- Date:
- October 7, 2010
- Contacts:
- Samantha Lasky | 202.540.6390
- Project:
- Fiscal Federalism Initiative
- Issues:
- Federal Impact
Related RESEARCH & ANALYSIS
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- Fiscal Federalism Initiative
The Geographic Distribution of the Mortgage Interest Deduction
The mortgage interest deduction is one of the largest tax expenditures in the U.S. tax code but the rate at which it is claimed and the average amount deducted vary widely across and within states. With changes to tax expenditures
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- Data Visualization
- Fiscal Federalism Initiative
The Geographic Distribution of the Mortgage Interest Deduction
With changes to federal tax expenditures under consideration, data showing the current geographic distribution of the mortgage interest deduction — one of the largest tax expenditures — are key to understanding how federal tax decisions would affect the states. These maps show that mortgage interest claim rates and average deductions vary widely both across and within states more
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- Infographic
The Sequester and the Department of Defense
Of all the states, Virginia stands among the most vulnerable to the $43 billion in defense cutbacks that will make up a significant portion of the anticipated cuts known as sequestration, according to a Stateline analysis. more