Dec 07 2018
WASHINGTON, D.C. – U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the Joint Economic Committee, issued the following statement today after the Department of Labor announced 155,000 jobs were added in November:
“The Republican policy agenda has failed to help American families get ahead. The Trump tax law has greenlighted corporations to buy back their stock at record levels instead of investing in people and communities. And workers are not seeing their wages grow fast enough, despite Republican promises of raises. The math simply doesn’t add up.
“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.”
President Trump promised American families that they would see a $4,000 annual raise after the tax plan; so far, average weekly wages have increased $24.27 without accounting for inflation.