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Think about the last learning as a result of the pandemic, as a result of, wejust had it in the headlines there, how many people are isolating, including children, we really have to get a move on and to place children and young people at the heart of whatever the levelling up the heart of whatever the levelling up agenda is and just really put them at the forefront of the recovery from this pandemic. you talk about benefit changes and that is fine, but there are much deeper, more long lasting, long—standing reasons for this. the demographics, geography, all sorts of problems that are almost ...

To embed, copy and paste the code into your website or blog: The massive Consolidated Appropriations Act, 2021 (the “Act”), providing year-end COVID-19 relief, was signed into law by President Trump on Sunday, December 27, 2020. Among other changes, the Act extends and makes clarifying amendments to certain relief provisions in the CARES Act that was passed in March 2020. This high-level advisory focuses primarily on the changes to the Paycheck Protection Program, key real estate provisions, and the federal income tax provisions directed at assistance for businesses, nonprofits, and thei...

Dollars away from subsidies and things like that would make it cost more. now let's look at who the winners and losers are because this is actually even somebody is even more interesting. so what you'll see is that when you look at the totality of all the different pieces of this plan, tax changes, as well as benefit changes and so on and so forth, you can see that for people below median income about $50,000 a year you're the big losers. people making less than $10,000 they lose an average $1,421 a year. conversely because they are appealing a bunch of tax credit, people at the top do much be...

Pension peril. >> reporter: many state and city workers around the country are worried what happened in detroit may happen to them. abru bankrupt city that starts cut pension benefits. >> there's a tendency to overpromise, underfu them, and when a problem comes up, the actuary says put in so much, they're very ready to just defer that cost onto the next generation. >> reporter: some pensions have been improving, but a study found eight states have less than 60% of funds. illinois the worst at 45%. $138 billion short. >> every year lost is a much bigger challenge as one rolls ey have to make ei...

Pension peril. >> reporter: many state and city workers around the country are worried what happened in detroit may happen to them. abru bankrupt city that starts cut pension benefits. >> there's a tendency to overpromise, underfund them, and when a problem comes up, the actuary says put in so much, they're very ready to just defer that cost onto the next generation. >> reporter: some pensions have been improving, but a study found eight states have less than 60% of funds. illinois the worst at 45%. $138 billion short. >> every year lost is a much bigger challenge as one rolls forward. so they...