Joint Economic Committee Ranking Democrat Carolyn Maloney (D-N.Y.) Friday issued a report hailing the Social Security program – which celebrates its 80th anniversary today - as more essential than ever in providing retirement security to millions of Americans.

Recently, Republican Senator Ted Cruz and his colleagues on the far right called their successful efforts to block renewal of the charter of the U.S. Export-Import Bank an "important victory." Unfortunately, their "victory" may cost many Americans their jobs. It may cause small businesses to go under. It may cost thousands of American exporters, large and small, a vital competitive edge. Calling this a "victory" requires some pretty remarkable mental gymnastics. Most who follow the issue, business and labor, Democrats and even some Republicans, are viewing this as a serious, self-inflicted economic wound.

WASHINGTON – Joint Economic Committee (JEC) Ranking Member Carolyn Maloney (D-N.Y.) Tuesday asserted that dynamic scoring is an unreliable Republican budget gimmick designed to mask the real cost of tax cuts. ”There is a serious problem with dynamic scoring – it provides results that are highly uncertain, vary wildly, and could be subject to manipulation,” Maloney said. It “change(s) the rules of the game so my Republican colleagues can get the results they want.

A new report finds that the Export-Import Bank levels the global economic playing field for all U.S. businesses, returns money to the Treasury, and helps small firms obtain loans when they otherwise couldn’t get them from commercial banks.