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Heinrich currently serves as a member of the Senate Joint Economic Committee. He argues that 40 million households will see their taxes increase because the plan threatens to eliminate what are known as state and local tax (SALT) deductions. SALT deductions allow taxpayers who itemize to deduct some of their local taxes on their federal taxes.
Sen. Martin Heinrich (D-N.M.), ranking member of the Joint Economic Committee, said that the "job numbers underscore the gravity of the task at hand — to rebuild families’ lost homes, businesses, and communities in the wake of the devastating hurricanes."
An estimated 47,000 North Dakotans would have lost health coverage under the Graham-Cassidy bill, according to a projection by the left-leaning Center for American Progress. The bill would have also repealed tax credits that more than 17,000 middle-income North Dakotans use to make their health insurance affordable, according to the congressional Joint Economic Committee.
Joint Economic Committee Democrats in a new report are calling for universally accessible, high-quality pre-K and programs that cover the entirety of parents’ working hours.
A report released Friday by a group of congressional Democrats touts the benefits of universal prekindergarten for children and working families. The report comes the day after Democrats in the House and Senate unveiled the Child Care for Working Families Act, which is designed to make child care more accessible.