More than 15.4 million Americans have jobs that are vulnerable to offshoring and work in industries with a track record of moving production to foreign countries. Rather than passing policies that protect these workers and their families, President Trump and Congressional Republicans created a law that actually encourages companies to move factories and jobs out of the United States and into foreign countries in order to take advantage of new tax breaks.
In a series called "Innovation Spotlight," Joint Economic Committee Democrats are highlighting cutting-edge policy solutions that empower small towns and rural communities across the nation. The latest edition looks at implementing universal pre-K in Dayton, Ohio.
The Trump and Bush-era tax cuts are projected to give a $2 trillion break for the wealthiest 1 percent by 2025. Meanwhile, Republicans have proposed $2 trillion in cuts to Medicare, Medicaid, Social Security, and the ACA between 2019-2028. The average beneficiary of these programs stands to lose an average of $1,500 per year in services or tax credits. This would translate to 3.6 weeks of unpaid work for a retail sales person earning $23,000—the most common job in America. The average household would lose over $3,000 in services and tax credits per year.
Oct 12 2018
Age of Principle Farm Operator
Oct 11 2018
Hispanic Heritage Month - Poverty Rate
Oct 11 2018
Hispanic Heritage Month - Entrepreneurs
Oct 11 2018
Hispanic Heritage Month - Businesses
Oct 10 2018
Annual Deductibles Are Rising Faster Than Wages
Today, the Senate Republicans rejected a resolution of disapproval to rescind the Trump administration’s rule expanding junk plans. Junk plans—or short-term, limited duration plans—allow insurance companies to sell lower-value plans and skirt nearly all federal consumer protections.
