The Build Back Better Act would dramatically help working people and families. Now, the passage of this once-in-a-lifetime framework is in the hands of a few legislators who are beholden to corporations and the ultrarich.
Policy choices have allowed big companies to continuously use their power to preserve economic and democratic imbalances that maintain their wealth and influence at the expense of everyone else.
Written testimony of Demos Associate Director of Policy and Research, Amy Traub before the U.S. House of Representatives Committee on Financial Services
Ensuring just and equitable access to and ownership of one our most vital natural resources—energy—is vital to building a vibrant, inclusive democracy.
The winter storm disaster in Texas was a crisis fueled by a failure to address climate change and the influence of oil and gas companies in state and local politics.
The For the People Act outlines a vision of what’s possible when our nation lives up to its promise of being a place where all people can lift their voices via their votes and their small dollar contributions.
"Black student debtors "are 16 percent more likely to be in default or seriously delinquent than white student debtors; Latino borrowers are 8 percent more likely."
Policymakers in Michigan have continuously made attending college harder through divestment in Michigan’s public higher education system, resulting in skyrocketing college prices.
The response to the COVID-19 crisis must include investments in public goods and health infrastructure, breaking up concentrated economic power, and equitable access for Black and brown communities.
“They collect our data without our permission. They profit from our data. They fail to invest in processes to verify accuracy. And their models are not transparent. This puts Black and Brown consumers at a serious disadvantage.”
The Biden administration should implement its public credit registry proposal to shift power away from an oligopoly that exercises inordinate control over consumers’ financial prospects and towards a fairer system that better respects consumers and reduces racial inequality.
“The actual dollar amount, it’s hard to put that at a figure that’s enough to help everyone who is struggling. And because of that, I’d err on the side of doing more.”
“The student debt crisis is yet another example of the deep and structural racial injustice at that heart of our economy. It prevents Black and Brown families from building wealth and economic power and has undermined the fundamental goal of higher education as a public good."
A collection of contributions from leading student loan experts offering a roadmap for the Biden administration to take immediate action to cancel student debt for millions of Americans.
An executive action for student debt cancellation would provide much needed economic relief to millions of Black and Latinx families in order to avoid financial catastrophe during the continuing global pandemic.