2026 Budget and Tax Briefing: Meeting the Moment. Shaping the Future - Day 2

The One Big Beautiful Bill Act makes deep cuts to vital programs like healthcare, housing, food assistance, and education while giving huge tax breaks to billionaires and corporations. This legislation will make it harder to fund the services people need most and shifts significant administrative and eligibility burdens onto states, forcing them to either cut spending, use up emergency funds, or raise taxes.

This two-day funder briefing begins with an Ideas Showcase (March 26) on visionary and actionable approaches to revenue generation and public benefit access, followed by an analysis of the federal and state budget and tax landscape and strategizing for what comes next (March 27).

Part 1 (11:00am -12:00pm): Federal Budget and Tax Outlook & the 2025 Tax Debates
Noted tax and budget policy expert Sharon Parrott will provide an overview of key provisions in the federal budget, discuss current and upcoming budget and tax debates, and offer insights on the potential impact on struggling families, workers, and communities.
· Sharon Parrott, President, Center on Budget and Policy Priorities
· Shana Bartley, Policy Officer, W.K. Kellogg Foundation (Moderator)

Part 2 (12:45pm - 1:30pm): State Budget and Tax Outlook
States are facing some of the most challenging fiscal conditions in recent memory. The combined impact of HR1 and declining revenue bases is setting the stage for intense budget debates that will significantly affect the capacity to fund programs serving children, families, and communities. Hear from experts about the key fiscal trends, battles, and opportunities shaping these debates, and what’s at stake across the country.

Part 3 (1:30pm - 2:15pm): Safeguarding Medicaid and SNAP in the Wake of H.R. 1
H.R.1 delivers sweeping tax cuts to corporations and high-income earners—while dramatically reducing funding for essential programs like Medicaid and the Supplemental Nutrition Assistance Program (SNAP). These cuts threaten the well-being of millions of families, children, and seniors, and shift the financial burden to already overstretched state and local governments. This session will provide an update on Medicaid and SNAP developments in states and potential short- and long-term interventions needed to safeguard these important programs.

Cost: Free for CNJG Grantmakers and $95 for Non Member Grantmakers.

For questions, please contact Chanika Svetvilas, Manager of Programs and Learning.