In the News

It's one of the biggest financial decisions you'll ever make: choosing what to do with your 401(k) at retirement. That account may be the largest asset you will rely on for income in later life. You could leave it where it is or roll the money to investments inside an IRA. The right decision could give you hundreds of thousands of added dollars over a 30-year retirement. [...]

| |

“The Tax March,” as the progressive groups organizing it have dubbed it, will begin with a rally and speeches at the U.S. Capitol, followed by a parade that passes the Trump International Hotel, as well as the FBI and IRS buildings. Over 100 smaller marches are due to take place in cities across the country. [...]

On Sunday night, after umpteen interviews about rounding up 41 votes to filibuster Supreme Court nominee Neil Gorsuch, Senate Minority Leader Charles E. Schumer (D-N.Y.) called into the weekly “Ready to Resist” call organized by MoveOn and other progressive groups. He waited his turn. MoveOn’s Anna Galland reported that Sen. Jon Tester (D-Mont.) just joined the filibuster. Heather McGhee, the president of Demos, praised Schumer for listening to activists.

To win over and mobilize the public, social justice advocates must articulate what we’re for, not just what we’re against. The American people deserve better than what’s currently on offer from team Trump, but for many, the status quo also falls short. If progressives are to fulfill one of our core principles—the use of public policy to improve the lives of those left out or underserved by the market economy—we need a simple, plausible plan that excites people. Two key components of that plan are Medicare for All and a guaranteed jobs program. [...]


“These politicized and misleading attacks against the CFPB, orchestrated by the Trump Administration and their allies in Congress, come at the expense of hardworking Americans who have been deceived by companies and would rather not play by the rules,” said Tamara Draut, VP of Policy and Research at Demos. “In the CFPB’s short history, it has returned hundreds of millions of dollars to millions of Americans; Demos is proud to support and defend the CFPB from these meritless attacks.

If you’re a senior struggling with credit card debt like Green, you’re not alone. In 2012, for the first time, middle-income households headed by someone over 50 years old carried more credit card debt on average than households of people younger than 50, according to the Demos National Survey on Credit Card Debt conducted with AARP’s Public Policy Institute. Half of those over 50 had medical debt on their credit cards, and a third said they used credit cards to finance daily expenses. [...]

| |

Twenty-seven progressive groups said in a Thursday news release provided to McClatchy that they would join a planned Tax Day protest of President Donald Trump, as liberal activists prepare for what might be the biggest demonstration against the White House occupant since the Women’s March on Washington in January.

Another question is how much the Cuomo and Raimondo plans will truly benefit low-income students. Both proposals are what’s called “last-dollar” initiatives, meaning the states would only pay the balance of tuition after students use up existing state and federal aid, including Pell Grants. These current state and federal programs couldn’t be used to fund other college costs.

| |

Trumpcare is dead. President Donald Trump is humiliated and so is House Speaker Paul Ryan. The Democrats can hardly believe their luck: The Republicans have hobbled their own agenda, while Obamacare, aka the Affordable Care Act, lives to fight another day. But unlike the law’s previous brushes with death—most notably its bruising encounters with the Supreme Court in 2012 and 2015—this latest example of its resilience represents a turning point, if Democrats choose to seize the opportunity.


The government contracts out hundreds of billions of dollars’ worth of business to private entities, who in turn employ a huge share of American workers.

But on Monday, President Trump signed a measure that will make it easier for those same firms to get a slice of that business even if they abuse their employees. [...]