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

Publications

Jul 14 2017

Senate TrumpCare Raises Out-of-Pocket Costs

The latest version of the Senate Republicans’ TrumpCare plan continues to fail to keep premiums and out-of-pocket costs affordable for Americans. TrumpCare reduces the benchmark value of plans from 70 percent of a consumer’s expected costs to 58 percent, increasing out-of-pocket costs for millions of Americans.

Jul 13 2017

Public Lands Spur Local Economies

United States public lands are a cherished aspect of American heritage, and a key contributor to local economies. With their stunning views and unmatched recreational opportunities, national parks and public lands attract visitors, support jobs and drive economic growth in communities across the country. Rural economies in particular benefit from proximity to public lands.

Jul 13 2017

Economic Impact of National Monuments Graphics

331 million people who visited national parks spent an estimated $18.4 billion in local gateway communities, supported 318,000 jobs, and added $34.9 billion in economic output to the national economy. Protected public lands also boost local economies by increasing income per person.

Jul 11 2017

Medicaid Cuts in Senate TrumpCare Bust State Budgets

According to the Congressional Budget Office (CBO), Senate TrumpCare will cut $772 billion in Medicaid over the next decade by ending federal support for Medicaid expansion and imposing arbitrary spending caps, ultimately cutting the program by over a quarter in 2026. Recently, CBO estimated that the Senate bill would cut the Medicaid program by 35 percent in 2036. If their proposal becomes law, Republicans would end the Medicaid program as we know it, shifting the financial burden onto states and families.

Jul 10 2017

$45 Billion For Opioid Treatment Falls Far Short

In order to garner support for the Senate TrumpCare bill, Senate Leader McConnell is rumored to buy votes with $45 billion in funding to go towards treating the opioid epidemic. Every dollar counts, but $45 billion doesn't even undo the damage caused by this bill. Even Ohio Republican Governor told Senator Rob Portman, $45 billion for opioids treatment is “like spitting in the ocean—it’s not enough.”

Jul 10 2017

Infrastructure Investment Tanks Under Republican Leadership

With GDP growth of just 1.4 percent in the first quarter of 2017, the TrumpEconomy is falling far short of promised outcomes. The economy will need to average 3.5 percent growth for the remaining 3 quarters of the year to even hit Trump’s least outrageous growth prediction of 3 percent—a feat we have not managed since 2014.

Jul 07 2017

President Trump Job Tracker June 2017

To keep tabs on the current administration’s jobs numbers, a comparison between the June jobs report under President Trump and the average jobs report in the late 1990’s.

Jun 30 2017

Trump Has a Long Way to Go to Meet Promises on Economic Growth

Throughout his campaign, President Trump made bold promises on economic growth. The final number for the first quarter came in yesterday, and the President has a long way to go if he wants to meet his promises. GDP grew at a 1.4 percent annual rate in the first quarter, more than half a point lower than the average over the last seven years.

Jun 29 2017

Ten Ways Senate TrumpCare Leaves Rural America Behind

Instead of focusing on improving health care delivery in rural America, Senate Republicans passed a bill that will only make it harder to access affordable, quality health services in rural communities across the country.