“The details of the secretive Republican tax proposal emerging today reveal a plan that does very little for working families and may even increase their tax burden, while providing deficit-busting giveaways for others that bankrupt our ability to invest in a stronger economy tomorrow. We need to make sure the tax code is working for everyday New Mexicans, growing the economy, creating good paying jobs, and supporting families and communities across the country. This GOP plan is a setback on almost every level.”
Oct 31 2017
Arizona Daily Star - McSally Can't Ignore Economics of National Monuments in AZ (Letter to the Editor)
Even if the administration and some in Congress don’t care about the intrinsic values of these places, they should appreciate the economic benefits they provide. In Arizona, outdoor recreation accounts for more jobs than defense, technology and aerospace combined. (US Senate Joint Economic Committee). A 2013 study showed nearly $28 million in economic benefits to Flagstaff from visits to local monuments. Martha McSally must pay attention to the economic needs of Arizona and vote against HR 3990.
Democrats weren't prepared to yield any credit to the new administration. "Today's GDP numbers show the resiliency of the economy this administration inherited," Sen. Martin Heinrich (D., N.M) said in a statement. "Instead of building on this foundation, President Trump has created a climate of uncertainty."
Sen. Martin Heinrich (D-NM), ranking member of the Joint Economic Committee, praised the Consumer Financial Protection Bureau’s (CFPB) final rule to establish borrower safeguards on payday loans.
Oct 20 2017
Glamour Magazine - Elizabeth Warren Once Struggled to Find Child Care—and Every Working Mother Can Relate
Though plenty has changed in the decades since Warren began teaching law, affordable, high-quality child care remains one of the most significant challenges for working parents. According to a recent report from the Democratic staff of the Congress Joint Economic Committee, American families spend an average of 15 percent of their income on child care—and in states like California, New York, Arizona, Colorado, and Oregon, it's not uncommon for that total to hit the 20 percent mark.
As we continue to celebrate Hispanic Heritage Month, Joint Economic Committee Democrats and the Congressional Hispanic Caucus have released a fact sheet on the “Economic State of the Latino Community in America.”
Oct 14 2017
Sentinel Source (New Hampshire) - Hassan touts need for better broadband access at Keene State
“According to the Senate Joint Economic Committee, the homework gap is real. By their estimate, 12 million children across the country live in households without Internet access,” she said. “I am certain that some of them are right here in New Hampshire.”
Heinrich currently serves as a member of the Senate Joint Economic Committee. He argues that 40 million households will see their taxes increase because the plan threatens to eliminate what are known as state and local tax (SALT) deductions. SALT deductions allow taxpayers who itemize to deduct some of their local taxes on their federal taxes.
U.S. Sen. Martin Heinrich (D-N.M.), Ranking Member of the Joint Economic Committee, issued the following statement after the Department of Labor announced 33,000 jobs were lost in September
Oct 06 2017
Politico - Economy lost 33,000 jobs in September
Sen. Martin Heinrich (D-N.M.), ranking member of the Joint Economic Committee, said that the "job numbers underscore the gravity of the task at hand — to rebuild families’ lost homes, businesses, and communities in the wake of the devastating hurricanes."
