I want to be clear about what the Federal Reserve’s decision to raise interest rates today does: it pulls the rug out from under job and wage growth. After decades of stagnation, American workers have only begun to see wages grow overall in the recent few years, though job and wage growth has yet to return to many parts of the country.

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.

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.

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.