The Congressional Budget Office has confirmed that the Republican healthcare bill will be as disastrous as we expected. 14 million will be uninsured by next year, and 24 million by 2026. The Republican plan would mean a school teacher pays more for their health care so that a hedge fund manager can get a six figure tax break. That’s unconscionable. Having an economy that works for all means making sure Americans get the affordable health care they deserve.
We can’t wait any longer to do something about America’s infrastructure problem. Crumbling roads, unsafe bridges, contaminated drinking water and insufficient access to broadband are hurting U.S. competitiveness and slowing economic growth. President Trump promised action, but he hasn’t even lifted a finger on infrastructure.
Today’s jobs numbers make clear what we have known for some time: President Trump did not inherit a mess, in fact he inherited one of the longest expansions in American history. The challenge before us is how to put that success within the reach of every hardworking American. We need to continue broaden this recovery and leave no corner of our country behind.
If we can’t trust the numbers coming out of the Bureau of Labor Statistics, we lose the ability to accurately measure and understand the economy. Many Americans are still waiting for the progress of the recovery to reach their wallets. That progress becomes much harder to achieve when we don’t know the true health of the economy.
A new report by the Democratic staff of the U.S. Congress Joint Economic Committee, produced at the request of Ranking Member-Designate Martin Heinrich (D-NM), outlines specific areas of the U.S. economic recovery under President Obama that are threatened by the stated policies and cabinet appointees.
Joint Economic Committee Ranking Member Carolyn Maloney (D-NY) today announced the release of Portrait of a Changing Economy, a new series of 12 charts that show how decades-long trends in the U.S. economy have led to less retirement security, an increase in income inequality and stagnant wages for many American workers.