Mar 20 2019
JEC Vice Chair Maloney Reacts to FOMC Meeting
Mar 08 2019
Maloney Statement on February Jobs Report
Rep. Carolyn B. Maloney, Vice Chair Designate of the Joint Economic Committee, applauded a provision in the government spending bill that passed Congress yesterday and was signed into law today, which encourages the Bureau of Economic Analysis to report annually on how income is growing across the income distribution.
Dec 19 2018
Marijuana Moment - Congressional Democrats Release Report on Marijuana Legalization's Economic Benefits
Titled, “The National Cannabis Economy,” the report finds that the marijuana industry brought in more than $8 billion in sales in 2017, with sales estimated to reach $11 billion this year and expected to soar to $23 billion by 2022.
Dec 18 2018
JEC Dems Report: The National Cannabis Economy
“It’s time we legalize marijuana, but at the minimum, we must reduce the conflicts between federal and state laws so that the industry can continue to create jobs and bolster state economies,” said U.S. Senator Martin Heinrich, (D-N.M.), Ranking Member of the Joint Economic Committee. “This conflict hurts small businesses and constrains the economic benefits of legal cannabis—an industry that is estimated to reach $11 billion in sales this year and $23 billion by 2022. But in order to realize the benefits, we must act on legislation such as the STATES Act to help these businesses thrive.”
“Homeownership has always been a benchmark for financial stability. When young adults are unable to purchase homes, it makes it harder for them to accumulate wealth and build financial security,” said Senator Heinrich (D-N.M.), Ranking Member of the Joint Economic Committee. “We must address persistent problems like slow wage growth, lack of affordable housing, and high student loan debt. Without comprehensive solutions to these issues, millennials will continue to struggle in the housing market and will be blocked from putting down the kind of roots that strengthen communities and economies.”
Dec 07 2018
Heinrich Statement on November Jobs Report
“We must do everything we can in the next Congress to advocate for working families and ensure that we have an economy that works for everyone. We have to protect and improve the Affordable Care Act, Medicaid, Medicare, and Social Security. We must invest in education and clean energy. And we must pass policies that tackle income inequality and make sure working families, not just the wealthiest among us, are set up for economic success.”