After more than two years of being politically battered over soaring prices, Wednesday’s inflation report left many Democrats feeling victorious.
Meanwhile, the frequency and severity of power outages are increasing, in part due to extreme weather, according to the Congressional Joint Economic Committee.
An economic analysis of the far-right Project 2025 agenda crafted by at least 140 former Trump administration officials shows that the plan would result in higher taxes on working-class Americans and "corporate welfare" for the rich and large businesses.
New Mexico is the most vulnerable U.S. state in terms of susceptibility to predatory investment practices. That’s one of the conclusions of a report released this morning by the Joint Economic Committee, which is chaired by New Mexico senator Martin Heinrich.
“Today’s release was welcome news that inflation is cooling, and data last week showed a stable and strong job market. Now it’s time to make sure the benefit of that is reaching American families,” Senator Martin Heinrich of New Mexico, a Democrat and the chair of the Joint Economic Committee, said in a release.
Jun 12 2024
Yahoo Finance: A cooler inflation number amplifies the political pressure on Jerome Powel
A new wave of political pressure greeted Fed Chair Jerome Powell as he and his colleagues gathered in Washington this week to discuss the direction of interest rates, and a cooler-than-expected inflation readingWednesday amplified that scrutiny.
Jun 10 2024
Washington Examiner: Flooding costs US nearly half a trillion dollars a year, Democratic report finds
Flooding has gotten worse as temperatures rise, and it’s becoming more expensive to deal with, according to a new report from Democrats on the Joint Economic Committee. The analysis estimates the total cost of flooding in the U.S. to be between $179.8 and $496 billion each year.
Parts of the U.S. have seen an increase in severe weather, including flooding, which cost the economy between $179.8 and $496 billion per year in 2023 dollars, according to new data from Democrats on the Senate Joint Economic Committee.
Flooding — which has gotten increasingly severe in an era of extreme weather — costs the U.S. economy an estimated $179.8 to $496 billion per year in 2023 dollars, according to new data from Democrats on the Senate Joint Economic Committee.
The session will mark the first time the Joint Economic Committee — one of only a handful of bicameral congressional panels — has taken up the issue. It’s another sign of how enmeshed the topic has become with broader policy debates on Capitol Hill.
