Project 2025 is a radical plan that details how a Republican administration would undercut the U.S. economy by hiking taxes on middle-class families, dismantling worker protections, and reversing federal investments that are keeping the U.S. economy strong. This Republican plan would concentrate power, make life harder for working people, and give handouts to wealthy corporations.
Congressional Democrats and the Biden-Harris administration have worked to lower the costs households pay for health care, energy, utilities, and transportation by passing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA). These bills are already helping to put money back into the pockets of American families by lowering the cost of prescription drugs, health insurance premiums, broadband, and more.
Ya sea por el desbordamiento de un río, la crecida de las aguas costeras o inundaciones repentinas; las inundaciones causan daños importantes a los hogares, la infraestructura y los negocios estadounidenses en todo país. El año pasado, inundaciones devastadoras afectaron a Vermont, California y Kentucky ya que el cambio climático aumenta el riesgo de estos desastres tanto en las comunidades costeras como en las del interior. Esta secuencia de años de inundaciones letales, junto con las mayores amenazas de inundaciones en el futuro, pone de relieve los altos costos de las inundaciones y de la inacción frente el cambio climático.
Jul 29 2024
Economic Update - July 29, 2024
Jul 26 2024
Fusion Energy Could Supercharge the Economy
Energy powers the economy. Harnessing fusion—the same process the sun uses to create energy—could transform the U.S. economy by providing a reliable, low-risk, low-waste power source that is flexible enough to meet essentially all our electricity needs.
Predatory investment practices threaten U.S. health care and block Americans from economic success. While finance plays an important role in our economy, harmful practices by unregulated private equity (PE) firms can shut workers out of good-paying jobs and threaten Americans’ health. New Mexico was recently ranked the state most threatened by the negative impacts of private equity, largely due to the outsized role PE firms have in the state’s health care system. The top 10 states most at risk of negative impacts from PE are in the southern and western United States. Every state, however, is at risk of these harms.
Jul 22 2024
Economic Update - July 22, 2024
Jul 19 2024
State by State Data: June 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 a better America. The below map and chart created by the Joint Economic Committee highlight key trends in the most recent monthly data for all 50 states, the District of Columbia, and Puerto Rico. The most recent state-level data, which cover the month of June 2024, were released on July 19th, 2024. The latest national data were released on July 5th, 2024.
Jul 15 2024
Economic Update - July 15, 2024
Jul 09 2024
Abortion Bans Harm Women’s Reproductive Freedom and Cost Our Economy Billions of Dollars
Abortion restrictions are dangerous and costly for women, the U.S. economy, and state and local economies. One estimate finds that the 16 states that have banned abortion since the U.S. Supreme Court struck down Roe v. Wade are costing the United States $68 billion per year in lost earnings and economic activity.