Joint Economic Committee Democrats

Joint Economic Committee Democrats News & updates from the official account of the Joint Economic Committee Democrats. This is the page for JEC Democratic staff. http://jec.senate.gov/

The JEC, established under the 1946 Employment Act, was created by Congress to review economic conditions & analyze the effectiveness of economic policy.

12/28/2022

FACT: The United States is currently experiencing a shortfall in the number of immigrant workers.

How Congress can act ⤵️

December 14, 2022 Print Facebook Twitter Email Key Points: After being disproportionately impacted by the pandemic recession, immigrants have been essential to the U.S. economic recovery Immigrants work in a wide range of industries and make the economy more resilient Immigrants help strengthen the....

12/19/2022

NEW: Employers competing for workers is essential to a healthy labor market. But today, many employers have few local competitors in their industry.

Read the JEC fact sheet on how labor competition benefits workers & the economy⬇️

December 19, 2022 Print Facebook Twitter Email Key Points: Labor markets are becoming less competitive, and workers’ employment options are dwindling Anti-competitive practices push down earnings, lead to worse working conditions and harm the overall economy Insufficient labor market opportunities...

"We can put a number on the economic cost of the epidemic: $1.5 trillion in added healthcare spending and lost productiv...
12/12/2022

"We can put a number on the economic cost of the epidemic: $1.5 trillion in added healthcare spending and lost productivity in 2020" - JEC report mentioned in Marketplace

Right now, only 5% of people with addiction have access to the treatments like methadone. The Biden Administration wants universal access by 2025.

It's not an accident that in 2021 child poverty fell to a record low, the expanded (CTC) helped to cut child poverty i...
11/29/2022

It's not an accident that in 2021 child poverty fell to a record low, the expanded (CTC) helped to cut child poverty in half.

A pandemic-era program that sent monthly checks of up to $300 per child to most families drove down poverty rates. Amid new research about its merits, some Democrats are vowing to bring it back.

09/29/2022

NEW: In states where abortion is restricted:
💸Women’s weekly earnings are lower on average
🧒Child poverty rates are higher
⚕️Health care is harder to access
🧑‍🎓Spending on K-12 education is lower
🚫Paid family leave does not exist

See your state ⬇️

September 29, 2022 Print Facebook Twitter Email In states which have either completely banned or severely restricted abortion, women will be constrained from making decisions that are right for them, their families and their financial security. The ability to decide if and when to have a child has...

09/21/2022

Congressional Democrats and President Joe Biden
have fought for families and workers to:
💸Lower costs
💼Create jobs
🏬Support businesses
📈Promote Economic growth

See how these actions have impacted your district, by the numbers, here ⬇️

September 21, 2022 Print Facebook Twitter Email In the 117th Congress, Congressional Democrats and President Biden have enacted a number of laws and policies—including the American Rescue Plan, Infrastructure Investment and Jobs Act, Inflation Reduction Act, CHIPS and Science Act and student loan ...

09/08/2022

Access to broadband has rapidly become key to everyday life & a driver of economic growth, yet disparities in access still exist.

The bipartisan Infrastructure Investment and Jobs Act commits nearly $65 billion to broadband service to address this divide.

September 7, 2022 Print Facebook Twitter Email Key Points: An estimated 42 million Americans do not have access to broadband, blocking already disadvantaged communities from this vital service Access to broadband is important for broader economic growth and opportunity, especially in communities of....

09/07/2022

THIS IS BIG: Gas prices have decreased $1.25 on average due to action from President Joe Biden and Congressional democrats to deliver lower costs to workers and families.

See how ↘️

July 8, 2022 Print Facebook Twitter Email While Americans continue to feel the burden of higher prices, Democrats in Congress and the Biden administration are working to bring down costs for families now and in the long term. Higher inflation underscores the importance of making investments to lower...

As we see historically high temperatures, climate action is critical for workers and the economy. That's why democrats p...
08/19/2022

As we see historically high temperatures, climate action is critical for workers and the economy.

That's why democrats passed the , the biggest climate bill in history.

Extreme heat isn't just uncomfortable. It can hurt workers' health and make them prone to errors, one expert says.

08/19/2022

The invests $7 billion in commercial Electrical Vehicle investment. EVs will:
🚗Speed the transition to zero emissions transportation
🚗Increase U.S. energy independence
🚗Slow impacts of climate change

August 18, 2022 Print Facebook Twitter Email Electric vehicles (EVs) are a large and rapidly growing part of the vehicle market. Commercial vehicle fleets in particular have the potential to speed the transition to zero emissions transportation that will create climate and economic benefits for the....

07/28/2022

”It is unions that have created and grown our middle class”

Watch the message from JEC Chairman Congressman Don Beyer
on how critical unions are for workers and the economy. ⬇️

07/26/2022

Since President Joe Biden came into office over 9 million jobs have been created. In the month of June:

💼372,000 jobs were added
💼the unemployment rate remained at 3.6%

See your state's jobs data ⬇️

July 22, 2022 Print Facebook Twitter Email 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. To highlight key trends in the mo...

Over 6M Americans are living w/ Alzheimer's disease -- costing the economy over $321B in 2022. On 7/19 Congressman Don B...
07/14/2022

Over 6M Americans are living w/ Alzheimer's disease -- costing the economy over $321B in 2022. On 7/19 Congressman Don Beyer is hosting a roundtable on the with a panel of experts.

Bookmark to watch live ↘️
https://t.co/6qnoA7Ibu8

07/01/2022

FACT: Women determine 83% of all consumption in the U.S. in buying power and influence.

The overturning of threatens women's reproductive and economic freedom and as a result will have devastating impacts on the nation and our economy.

January 14, 2022 Print Facebook Twitter Email Key Points: Abortion access is key for individuals to have control over their economic security and future opportunities Abortion access increases women's educational attainment, financial security and labor force participation Abortion access reduces ch...

06/27/2022
New report w/ Ways and Means Committee shows how Democrats cut health care costs & expanded access to affordable health ...
06/23/2022

New report w/ Ways and Means Committee shows how Democrats cut health care costs & expanded access to affordable health insurance.

The :
✅Helped 5.8M Americans newly enroll in free or affordable health plans
✅Lowered ACA health care premiums

June 23, 2022 Print Facebook Twitter Email The American Rescue Plan Act (ARPA) dramatically expanded tax credits that brought downhealth insurance costs for families who get health insurance on the Affordable Care Act (ACA)marketplaces. These expanded tax credits, which are set to expire at the end....

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”It is unions that have created and grown our middle class” Watch the message from JEC Chairman Congressman Don Beyer on how critical unions are for workers and the economy. ⬇️

On #EarthDay we are reminded that inaction when it comes to climate change will have devastating impacts on our economy. #InvestinginThePlanet will create jobs and encourage economic growth. Message from Congressman Don Beyer ⬇️ https://www.jec.senate.gov/public/index.cfm/democrats/issue-briefs?id=9ED6990E-B368-4C90-8D80-B803F21FC836

"Shareholder primacy ensures that our economy places the elite and the wealthiest first” - Judy Samuelson from the Aspen Institute at our #ShareholderPrimacy hearing last month. Watch ⬇️

"If our economy is going to put shareholders first, it needs to recognize that shareholders are diversified. When our environment suffers, workers suffer, & families suffer, their portfolio suffers as well." - Frederick Alexander, witness for today's hearing and CEO of Shareholder Commons on #ShiftingCorporateFocus

ICYMI: Chairman Congressman Don Beyer at yesterday’s Joint Economic Committee Democrats hearing: “No worker should be forced into early retirement. And at the same time, no one should be forced to work long into their golden years because of insufficient retirement savings.” Watch here: https://www.jec.senate.gov/public/index.cfm/hearings-calendar?ID=C8279722-9393-41E7-9565-5A90EFBF7049

Treasury Secretary Yellen on the #ChildTaxCredit: “In fact, according to the Census Bureau, food insecurity among families with children dropped 24% after the July payments. Which is a profound economic and moral victory for the country.”

Sept. 22 JEC Hearing Opening Statement
Sept. 22 JEC Hearing Opening Statement

Vice Chair Beyer's Opening Statement at JEC Hearing on Charitable Giving
Vice Chair Beyer's Opening Statement at JEC Hearing on Charitable Giving

Vice Chair Beyer on the Economic Impacts of COVID-19
Vice Chair Beyer on the Economic Impacts of COVID-19

Vice Chair Rep. Beyer on the Economic Impacts of #COVID19
Vice Chair Rep. Beyer on the Economic Impacts of #COVID19

Fed's Powell Responds to Trump Attack on Independence
Fed's Powell Responds to Trump Attack on Independence

The Economic Importance of a Driver's License
The Economic Importance of a Driver's License

LIVE: "Expanding Opportunity by Strengthening Families, Communities and Civil Society," a hearing by the Joint Economic Committee.
LIVE: "Expanding Opportunity by Strengthening Families, Communities and Civil Society," a hearing by the Joint Economic Committee.

One Thing Democrats & Republicans Can Agree On
One Thing Democrats & Republicans Can Agree On

Dr. Heather Boushey Testimony at JEC Hearing
Dr. Heather Boushey Testimony at JEC Hearing

Heinrich Opening Statement at JEC Hearing on Living Standards for Working Families
Heinrich Opening Statement at JEC Hearing on Living Standards for Working Families

Schumer, Heinrich Introduce Legislation to Require New Income Growth Data Alongside Quarterly GDP Reports
Schumer, Heinrich Introduce Legislation to Require New Income Growth Data Alongside Quarterly GDP Reports

Heinrich Opening Statement at JEC Hearing on Access to Capital
Heinrich Opening Statement at JEC Hearing on Access to Capital

Investing in Rural America
Investing in Rural America

Brookings VP & Director of Governance Studies Dr. Darrell M. West Testimony at JEC Hearing
Brookings VP & Director of Governance Studies Dr. Darrell M. West Testimony at JEC Hearing

Senator Heinrich Opening Statement at JEC Hearing on Innovation Economy
Senator Heinrich Opening Statement at JEC Hearing on Innovation Economy

Ranking Member Heinrich Talks Social Security & Medicare at Tax Law Hearing
Ranking Member Heinrich Talks Social Security & Medicare at Tax Law Hearing

Dodd Frank Rollback
Dodd Frank Rollback

Middle Skills
Middle Skills

Worst of 2017: How Republicans Stacked the Deck Against Workin...
Worst of 2017: How Republicans Stacked the Deck Against Workin...

Wheel of Misfortune
Wheel of Misfortune

Heinrich Video Message on Dreamers Economic Contributions to R...
Heinrich Video Message on Dreamers Economic Contributions to R...

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