Maybe, just maybe, the action taken by the Kansas legislature last week to end the massive tax cuts pushed by Governor Brownback and enacted five years ago will wake up Congressional Republicans to the folly of massive tax cuts for the wealthy as a means of economic growth.
In 2015 alone, opioid overdoses killed more than 33,000 Americans. To see how the opioid epidemic has affected your state, see JEC fact sheets.
Today, the House of Representatives voted on the Financial CHOICE Act (CHOICE), House Republicans’ disastrous proposal to dismantle the Dodd-Frank Wall Street Reform and Consumer Protection Act. It seems that House Republicans have already forgotten the wreckage left by the Great Recession and 2008 financial crisis —when 8.7 million Americans lost their jobs, 3.8 million homes were foreclosed on, and households lost $17 trillion in wealth.
Today, the House of Representatives will be voting on the Financial CHOICE Act (H.R. 10), an all-out attack on the Dodd-Frank Act by House Republicans. The Financial CHOICE Act is a crude attempt to deregulate financial and consumer markets and green-light America’s next financial crisis, putting millions of Americans on the hook for the next bailout. This legislation is packed with deregulatory handouts to every kind of financial institution, including large banks who want to return to the excessive borrowing and risky banking practices that led to the financial crisis.
Climate change is likely to have profound effects on the health of Americans and our economy.
Republicans like to talk about the importance of policy certainty and the risks associated with uncertainty. President Trump apparently forgot that yesterday when he walked into the White House Rose Garden and declared that the United States was pulling out of the Paris Climate Agreement.
Joint Economic Committee Democrats are providing a variety of resources on TrumpCare as members head home for the district work period.
May 25 2017
Nonpartisan CBO Should Not Be Politicized
Republicans are once again attacking the nonpartisan Congressional Budget Office (CBO) instead of facing the fact that their bill would take away health insurance from 23 million Americans, cause premiums to go up by 20 percent next year, and destabilize markets. Secretary Tom Price (who picked the current head of the CBO) says that the score is “wrong” and Representative MacArthur says “that is somebody’s opinion.”
May 24 2017
10 Ways TrumpCare Leaves Rural America Behind
Instead of focusing on improving health care delivery in rural America, House Republicans passed a bill that will only make it harder to access affordable, quality health services in rural communities across the country. Here’s a list of 10 ways that TrumpCare will have a damaging impact on rural America
May 24 2017
Trump Budget Fails Children and Working Families
This week, President Trump released his budget proposal for Fiscal Year 2018 to well-deserved backlash. This budget—based on bad math and accounting tricks—recklessly cuts $3.6 trillion from critical investments that create jobs and provide needed resources for working families. It abandons the poor while providing tax breaks to the wealthy, slashes funding for investment in clean energy innovation and jobs of the future, and cuts cancer research and public health programs. Here are just some of the stories that outline this reckless and cruel budget proposal: