A day after President Trump compared the @federalreserve to a “stubborn child” for not cutting rates, Chairman Jerome Powell cautioned about "the damage that often arises when policy bends to short-term political interest." Watch the video clip here.
New York state has allowed undocumented immigrants to receive a driver's license. Here José Quiñonez (@MAFCEO), who recently testified at a JEC hearing, discusses how access to a driver’s license can impact someone's potential in the workplace and reverberate throughout the economy.
Our latest FULL episode is an extended look at the economic importance of accurate data in the #2020Census - & how Vice Chair Rep. Carolyn B. Maloney's Census IDEA Act can help ensure that's what we get.
Democrats & Republicans can agree on something: We need more detailed data in order to understand how the #economy is working (or not working) for Americans at all income levels. Congress should pass Senator Chuck Schumer & Senator Martin Heinrich's Measuring Real Income Growth Act.
Dr. Heather Boushey is the Executive Director and Chief Economist at the Washington Center for Equitable Growth. She testified at the JEC hearing entitled "Examining the Rise of American Earnings and Living Standards" on Sept. 26, 2018.
U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the Joint Economic Committee, delivered the following statement at JEC hearing entitled “Examining the Rise of American Earnings and Living Standards” on Sept. 26, 2018.
For too many families who are struggling financially, the American Dream seems out of reach. When families cannot make ends meet, children grow up without the resources they need to thrive later in life. Federal investments addressing child poverty set future generations up for success and fuel a strong, vibrant economy. Read the full report at http://bit.ly/2x3Mm5p
The Republican tax bill increased our national debt by about $1.9 trillion, in the form of costly breaks for corporations and the wealthy. How do Republicans plan on paying for this? By cutting the benefits Americans depend on the most. Ranking Member Sen. Martin Heinrich questioned Republican witnesses about this during a recent JEC hearing.
Dr. Ben Harris is a Visiting Associate Professor at Northwestern University’s Kellogg School of Management and former chief economist for Vice President Biden. In his testimony, he points out that the Republican tax bill is poorly designed to increase investment and does little for workers.
U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the Joint Economic Committee, delivered the following statement at the JEC hearing entitled “The Positive Economic Growth Effects of the Tax Cuts and Jobs Act" on Sept. 6, 2018.
U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the Joint Economic Committee, delivered the following statement at JEC hearing entitled “The Innovation Economy, Entrepreneurship, and Barriers to Capital Access” on Jul. 25, 2018. In his remarks, Senator Heinrich highlighted the recent Joint Economic Committee Democrats report, “Investing in Rural America,” that emphasizes that tribal and rural communities often struggle to reach mainstream financial institutions, and need federal resources to successfully secure capital and technical assistance.
Rural Americans make up 14 percent of those living in the United States, while 72 percent of the nation’s total land areas are considered rural. These 46 million residents play an essential role in the overall economy, starting new businesses, and supplying many of our agricultural products.