Big companies have used their market dominance to rake in profits by raising prices on families. These price hikes have played a detrimental role in driving inflation and resulted in persistently higher prices for American families. This has been especially clear with the price of food, where industry consolidation in sectors like meat production gave corporations more extreme pricing dominance and major returns in profits. Some companies have also reduced the size of essentials like food and household paper products without lowering prices, shorting families while pushing up profits.
Mar 04 2024
Economic Update - March 4, 2024
Feb 26 2024
Economic Update - February 26, 2024
Feb 20 2024
Economic Update - February 20, 2024
Feb 12 2024
Economic Update - February 12, 2024
Feb 08 2024
What is a carbon border adjustment mechanism (CBAM) and what are some legislative proposals to make one?
A Carbon Border Adjustment Mechanism (CBAM) is an emerging bipartisan tool that aims to cut global pollution and support American industry A CBAM is a fee applied to products upon entry or imports that accounts for the amount of greenhouse gases (GHG) emitted during their production in their country of origin. When in place, these fees can improve domestic industries’ global competitiveness against cheaper, higher-polluting imports and prevent producers from flocking to countries that lack environmental protections. A CBAM can be designed as a permissible import fee under the World Trade Organization. To be clear, it is not a carbon tax. In fact, a CBAM in the United States would make domestic steel and aluminum more cost-competitive and help producers capture an additional $8.5 billion and $6 billion of their respective markets by 2030.
Feb 05 2024
Economic Update - February 5, 2024
Feb 05 2024
The Child Tax Credit Expansion in the Bipartisan Tax Bill Will Help Kids Across New Mexico
The expanded Child Tax Credit (CTC) included in the bipartisan Tax Relief for American Families and Workers Act would help lift nearly half a million kids out of poverty nationally next year and will benefit close to 140,000 kids in New Mexico alone in the first year, according to estimates from the Center on Budget and Policy Priorities. The expanded credit will be especially impactful in rural areas, where it will help 51,000 kids living in rural parts of New Mexico, or nearly 1 in 3 of all rural kids living the state.
The expanded Child Tax Credit (CTC) included in the bipartisan Tax Relief for American Families and Workers Act would help lift nearly half a million kids out of poverty next year and will benefit close to 16 million kids in the first year according to estimates from the Center on Budget and Policy Priorities. The law would allow the amount of the credit which “phases-in” at lower income levels to be based on the number of children a family has, not just family income, and would expand the refundable portion of the credit. While this expansion does not go as far as the historic overhaul included in the American Rescue Plan, it represents an important step forward in the fight against child poverty and will give millions of families more economic breathing room.
Estados Unidos enfrenta una escasez nacional de trabajadores de la salud. Esta crisis es peor y más generalizada en las comunidades rurales. Según cálculos del personal demócrata del Comité Económico Conjunto (JEC, por sus siglas en inglés), el 91% de todos los condados rurales y el 96% de los condados rurales en Nuevo México enfrentan una escasez de médicos de cabecera . Esta escasez perjudica tanto la salud como el bienestar económico de las comunidades rurales, y además, las comunidades tribales son entre las que enfrentan las mayores escaseces y los impactos más significativos.
Abordar la escasez de trabajadores de salud rural y crear avenidas que conduzcan a profesiones medicas en estas regiones es fundamental para proteger y mejorar la salud y la estabilidad económica de las comunidades rurales. La Ley Avenidas y Carreras de Salud, introducida por el Presidente del JEC, el senador Martin Heinrich, autorizaría nuevamente y expandiría un modelo de capacitación ya probado, que puede ayudar a satisfacer las necesidades de la fuerza laboral médica de las áreas rurales. Los estadounidenses merecen acceso a una atención médica de calidad, independientemente de dónde residan, y abordar la escasez de trabajadores de salud rural marcará un paso significativo hacia ese objetivo.
Abordar la escasez de trabajadores de salud rural y crear avenidas que conduzcan a profesiones medicas en estas regiones es fundamental para proteger y mejorar la salud y la estabilidad económica de las comunidades rurales. La Ley Avenidas y Carreras de Salud, introducida por el Presidente del JEC, el senador Martin Heinrich, autorizaría nuevamente y expandiría un modelo de capacitación ya probado, que puede ayudar a satisfacer las necesidades de la fuerza laboral médica de las áreas rurales. Los estadounidenses merecen acceso a una atención médica de calidad, independientemente de dónde residan, y abordar la escasez de trabajadores de salud rural marcará un paso significativo hacia ese objetivo.
