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Wood pointed to a recent report by Congress' Joint Economic Committee showing that improved access to affordable child care would lead to more women entering and staying in the workforce. And it could increase the national GDP by as much as $600 million annually. She added that access to high-quality early learning leads to improved health outcomes for children, and better wages as adults.
Child care costs in Colorado today are among the nation’s highest. A 2017 Democratic staff report from the U.S. Congress Joint Economic Committee found that typical infant care costs in the state — $14,950 a year — eat up nearly 19.5 percent of Colorado’s median family income — the third-most in the country, behind only California and New York.
Also, as a report by the Democratic staff of the Joint Economic Committee argued, relying on private investment is risky and can cost more than direct taxpayer funding, since investors expect a healthy return. In the past, some public-private partnerships have been poorly negotiated and shut out competition that would have resulted in better pricing and improved public services, the report said.
According to information from the U.S. Congressional Joint Economic Committee, Alabama saw a more than six-fold increase in opioid overdose deaths between 1999 and 2015 (the most recent year for which complete records are available), rising from fewer than one death per 100,000 population to just over six per 100,000. According to the Centers for Disease Control and Prevention (CDC), Alabama leads the nation in opioid prescriptions and opioid over-prescription.
Democratic lawmakers on the Joint Economic Committee made the case for investment in border infrastructure to support the nation’s rail system at 30 rail ports of entry in a new report that cited the growing economic impact of U.S. freight railroads. The volume of commerce crossing into the United States is expected to increase 41 percent by 2040, growth that will put stress on rail points of entry, according to the report that comes as Congress gears up to discuss border policies in the coming months.
Democratic commissioners Jessica Rosenworcel and Mignon L. Clyburn welcomed the decision not to change the definition of broadband, but rejected the conclusion that that broadband is being "reasonably and timely deployed." "This is especially tragic when according to the Senate Joint Economic Committee, there are twelve million kids that are caught in the Homework Gap because they lack Internet service at home," Rosenworcel said in a statement. "We should be reaching for faster speeds and universal access. Anything less than that, shortchanges our children and our future."
The study, issued by the U.S. Congress Joint Economic Committee, explores a part of the jobs-and-education landscape that's risen sharply on the public's radar in the last few years: the vast array of jobs that require more than a high school diploma and less than a bachelor's degree. Those "middle-skill" jobs account for 48 percent of U.S. employment, according to researchers.
The universal preschool movement hit peak momentum under the Obama administration but has been virtually unaddressed by President Donald Trump. Instead, Trump’s daughter and adviser Ivanka Trump has dabbled with policies aimed at tackling child care costs. A report by Democrats on the Joint Economic Committee in Congress this year indicated that less than half of the nation’s 3- and 4-year-olds were in a pre-K program, ranging from 75 percent in Washington, D.C., to just 30 percent in Idaho. The programs vary in quality and structure, with some offering just a few hours a week of learning sessions and others that are more similar to a full school day.
Democrats on the Joint Economic Committee — led by Sen. Martin Heinrich (D-N.M.) — are releasing a report detailing Republicans' "worst" of their first year under a unified GOP government. "This year was marked by complete failure by Republicans in Congress to help the working Americans who need it the most. Instead, Republicans and the Trump administration have made partisan moves to endanger the economic security of families across this country," Heinrich said.