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Joint Economic Committee Democrats

Publications

Aug 02 2017

Expanding Registered Apprenticeships

Joint Economic Committee Democrats released a fact sheet on increasing access to registered apprenticeships and quality work-based learning programs. By doubling federal investments in apprenticeship programs, millions of Americans could fill the middle and high-skilled jobs openings that exist today and in the future. Despite their proven track record of success, only approximately 505,000 apprentices are utilizing existing Department of Labor registered programs today.

Aug 01 2017

First Step Together: Stop Sabotaging the Health Insurance Market

After the Senate voted down the repeal of the Affordable Care Act (ACA), President Trump said to “let ObamaCare implode, then deal” and threatened to end government payments to insurers that lower consumers’ out-of-pocket costs. For Congress to move forward from the July repeal process, the administration must stop trying to sabotage the health insurance market.

Jul 31 2017

Real Wages Tanking Under President Trump, Republican Leadership

Education plays a critical role in American’s lifelong economic success. Adults attaining only a high school diploma earn $400,000 more over their lifetime than those who did not graduate high school. Adults with associate, bachelor’s, and graduate degrees earned, respectively, $280,000, $920,000, and $1.6 million more over a lifetime than someone with only a high school diploma.

Jul 28 2017

July Economic Snapshot of the States

These state economic snapshots survey the economic situation on the ground in all 50 states and the District of Columbia. Although the U.S. economy overall continues its expansion from the Great Recession and associated financial crisis, the recovery can look very different from state to state, and even county to county. While some areas of the country have surged ahead, other regions are still struggling to regain their economic footing.

Jul 27 2017

“Skinny Repeal” is Just Repeal and Run Lite

The Senate Republicans’ latest attempt to repeal the Affordable Care Act – dubbed the “skinny repeal” – would destabilize the individual market and drive up costs, while paving the way for full repeal. If this proposal – which is more aptly named “repeal and run lite” – passes, Senate Republicans will send the House Freedom Caucus a blank check to make deep cuts to Medicaid, give generous tax breaks for the wealthy, and eliminate consumer protections for pre-existing conditions.

Jul 26 2017

What Happens After “Repeal and Run”?

As new iterations of the same TrumpCare have failed, Senate Republicans are pushing a vote to repeal the Affordable Care Act (ACA) without a replacement plan. This threatens to drop millions from health care coverage, increase premiums, raise uncompensated costs to hospitals, and devastate state and local economies.

Jul 25 2017

Repeal and Run Exposes Republican Hypocrisies

In 2013, Republicans were quick to call the Affordable Care Act (ACA) a disaster, racing to the cameras to falsely claim that 5 million Americans were losing coverage. Republicans did not mention that all these people did not actually lose coverage but could now sign up for new plans with enhanced consumer protections, many paying less for better coverage with the help of a new affordability tax credit. Republicans are now looking to fully repeal the ACA without a replacement plan, this time actually leaving more than 30 million people without coverage of any kind.

Jul 25 2017

Education: The Foundation for Economic Success

Joint Economic Committee Democrats released the first in a series of reports today on education as the foundation for economic success. The introductory report outlines the value of education in today’s economy, and where the United States falls short. Although overall educational attainment has been on the rise, many groups of Americans are being left behind in a labor market that increasingly requires more education.

Jul 24 2017

U.S. Trade Deficit with Russia Worsened

Since the U.S. trade balance with Russia began deteriorating in November 2016, U.S. exports to Russia fell $203 million on an annualized basis after inflation, or 3 percent; imports from Russia, larger in volume than exports, increased $1.8 billion dollars, or 13 percent. In all, the U.S. trade deficit with Russia worsened by 24 percent in the seven months through May, the most recent available data.