Skip to main content

Joint Economic Committee Democrats Chairman - Senator Martin Heinrich (D-NM)

Issue Briefs

Mar 29 2022

The Bipartisan Innovation Bills in Congress Invest in Critical Supply Chains, Support Manufacturing Jobs and Maintain America’s Competitive Edge

The bipartisan innovation bills in Congress— the America COMPETES Act originally passed by the House and the United States Innovation and Competition Act (USICA) passed by the Senate—make critical investments for America’s future economic growth. They address problems that have long hindered American innovation, research and manufacturing. The bills invest in supply chains for critical technologies such as semi-conductors and support production in the U.S. from start to finish, beginning with cutting-edge research through to domestic manufacturing. The bills would improve America’s competitive edge internationally by spurring innovation and harnessing it to create new jobs, companies and industries.

Mar 15 2022

State-by-State Fact Sheets: January Employment Data

Each month, the Bureau of Labor Statistics (BLS) releases national and state-level data on U.S. employment, which provide useful information about the state of the labor market and progress toward building back better.

Mar 09 2022

UPDATE: Six Months of Advance CTC Payments Dramatically Reduced Childhood Poverty and Improved Family Finances

The expansion of the CTC, included in President Biden’s American Rescue Plan, was one of the largest-ever single-year tax cuts for families with children. It dramatically increased the value of the CTC from $2,000 per child to up to $3,600 per child under age 6 and $3,000 per child between age 6 and 17, putting money in the pockets of low- and middle-income families to pay for household expenses like food, rent, utilities and child care.