Parts of the U.S. have seen an increase in severe weather, including flooding, which cost the economy between $179.8 and $496 billion per year in 2023 dollars, according to new data from Democrats on the Senate Joint Economic Committee.
Flooding — which has gotten increasingly severe in an era of extreme weather — costs the U.S. economy an estimated $179.8 to $496 billion per year in 2023 dollars, according to new data from Democrats on the Senate Joint Economic Committee.
The session will mark the first time the Joint Economic Committee — one of only a handful of bicameral congressional panels — has taken up the issue. It’s another sign of how enmeshed the topic has become with broader policy debates on Capitol Hill.
Rep. Don Beyer, the Virginia Democrat who chairs the House and Senate’s joint economic committee, started 2022 like many Americans did — open-minded and curious about the promise of cryptocurrency.
He was by no means a crypto evangelist. When he led a November 2021 hearing on “demystifying crypto” and introduced legislation to regulate the market a few months earlier, he warned of significant risks.
He was by no means a crypto evangelist. When he led a November 2021 hearing on “demystifying crypto” and introduced legislation to regulate the market a few months earlier, he warned of significant risks.
Millions of children were lifted out of poverty in 2021, thanks to a more generous child tax credit that included monthly checks sent out to more families.
The child tax credit was a key policy that helped usher a record-breaking decline in poverty in 2021, a new report from the U.S. Joint Economic Committee Democrats found.
The child tax credit was a key policy that helped usher a record-breaking decline in poverty in 2021, a new report from the U.S. Joint Economic Committee Democrats found.
The cost of the opioid epidemic — in lives and in the suffering of those with addiction, their family and friends — is incalculable. But we can put a number on the economic cost of the epidemic
The City of Falls Church’s chief financial officer Kiran Bawa reported to a work session of the Falls Church City Council this Monday a whopping (for a jurisdiction Falls Church’s size) $4.05 million surplus at the end of the last fiscal year that ended June 30.
The opioid epidemic that we were all focused on before the COVID pandemic swamped everything continued unabated during it. Today fentanyl is now driving the unprecedented number of drug overdoses in the United States.
Oct 20 2022
The Washington Post: This is your regular reminder that abortion access is an economic issue
Two things grabbed my attention last week. The first was an op-ed by Bernie Sanders titled “Democrats shouldn’t focus only on abortion in the midterms. That’s a mistake.” The senator from Vermont wrote that, “while the abortion issue must remain on the front burner, it would be political malpractice for Democrats to ignore the state of the economy.”
Oct 18 2022
Financial Regulation News: Congress releases report on challenges, contributions of Latina workers
The Congressional Hispanic Caucus and the U.S. Congress Joint Economic Committee (JEC) released a report this week that examines the contributions Latina workers make to the U.S. economy, as well as the challenges they face.
