WHAT: Press call about upcoming SCOTUS Case McCutcheon v. FEC featuring NAACP, Sierra Club, Communications Workers of America, People For The American Way Foundation, Greenpeace, Main Street Alliance, OurTime.org, Rock The Vote, American Federation of Teachers, Working Families Organization, U.S. PIRG and Demos.
WASHINGTON – This Tuesday, as the Supreme Court hears oral arguments in McCutcheon v. FEC, activists and organizations across a wide spectrum of issues will speak out in support of protecting the integrity of our democracy at a rally outside the court. In the McCutcheon case, the Supreme Court will decide whether or not to strike down important caps on how much money an individual can contribute directly to political campaigns.
WHAT: Rally against big money in politics and McCutcheon v. FEC
NEW YORK, NY – As the Supreme Court prepares to hear oral argument in the McCutcheon v. FEC case, national public policy center Demos has partnered with U.S. PIRG to release new data quantifying the potential dollar impact of striking down federal aggregate contribution limits.
Demos and U.S. PIRG project that striking aggregate contribution limits would bring more than $1 billion in additional campaign contributions from a small segment of elite donors through the 2020 election cycle.
WASHINGTON DC -- Today, oral arguments in the case of McCutcheon v. FEC brought protesters to Washington in an effort to urge the high court to uphold the constitutionality of aggregate campaign contribution limits, in the most significant big money in politics case since Citizens United v. FEC.
With a bad ruling, the Roberts Court could unleash more than $1 billion in McCutcheon Money from just 1,500 elite donors.
Modest Pension Benefits Play Little Role in Financial Crisis
DETROIT — In their push for bankruptcy, Emergency Manager Kevyn Orr and other public figures are incorrectly looking at Detroit’s long-term debt—figures generated using aggressive and in some cases inaccurate assumptions—to the detriment of solving the City’s immediate cash-flow crisis and its long-term structural challenges, according to a report released Wednesday by Demos.
New research illustrates ways in which the current economic difficulties of African American households are compounded even further by a legacy of discriminatory policies that have left African Americans with significantly fewer assets and lower rates of homeownership than white households.
NEW YORK -- In response to the final, approved version of the Volcker Rule, Demos Senior Fellow Wallace Turbeville, aformer investment banker and the author of Demos' recent Volcker Rule explainer and The Detroit Bankruptcy report, released the following statement:
NEW YORK — Demos applauds the work of Senator Elizabeth Warren (D-MA) who today introduced The Equal Employment for All Act, legislation that would prohibit the widespread use of personal credit history in employment. The use of employment credit checks is an unjust practice that poses a serious barrier to economic security for many Americans and leads to discriminatory hiring practices against people of color and the long-term unemployed.
WASHINGTON—Today,Senator Elizabeth Warren (D-MA) introduced The Equal Employment for All Act. This legislation would prohibit the widespread use of personal credit history in employment, an unjust practice that poses a serious barrier to economic security for many Americans and leads to discriminatory hiring practices against people of color and the long-term unemployed.
Judge Rhodes ordered the city and the banks to renegotiate their settlement which would have paid the banks 75 cents on the dollar. Despite a unanimous city council vote against it, the Emergency Manager is currently pushing the city to enter into another financial deal with Barclays to pay off the swaps termination fees.
U.S. Bankruptcy Judge Steven Rhodes rejected a proposal by Detroit’s Emergency Manager Kevyn Orr to pay off a complex financial deal that was originated in 2005 and turned catastrophic for the city during the recession.
When millions of Americans stood in lines for hours to vote yet again in the 2012 elections, President Obama recognized that “we need to fix that.” Today, the Presidential Commission on Election Administration released a report with their recommendations on ways to improve election administration. The Commission’s recommendations are welcome but much more work remains to be done to ensure every eligible voter can exercise their right to vote.
WASHINGTON DC — Today, Demos applauded Leader Pelosi and Representative Sarbanes for co-sponsoring H.R. 20, The Government by the People Act, new legislation aimed at raising the voices of all Americans in the political process and allowing congressional candidates to run competitive campaigns by relying on small dollar contributions.
“Everyone should have an equal say in our democracy through the principle of one person, one vote—not one dollar, one vote,” said Heather McGhee, incoming President of Demos.
NEW YORK—Today, Demos released the following statement applauding Attorney General Eric Holder’s support for restoring the voting rights of people with past felony convictions. Holder spoke at Georgetown University Law Center in Washington, D.C., saying “It is time to fundamentally reconsider laws that permanently disenfranchise people who are no longer under federal or state supervision.”
Demos’ Vice President of Legal Strategies, Brenda Wright, said this of the news:
ALBANY—Attorney General Eric T. Schneiderman today announced new legislation to restore accountability and ensure access to the ballot box by eliminating baseless and intimidating challenges to voter eligibility at the polls on Election Day. Under current law, voters who are challenged at the polls are required to recite an oath affirming their right to vote. The challenger, on the other hand, has no such obligation.
NEW YORK, NY—Today, national public policy organization Demos released a new report detailing the impact of state disinvestment in higher education since the beginning of the Great Recession. The report release coincides with the launch of Higher Ed, Not Debt, a campaign with over 60 organizations dedicated to supporting borrowers, addressing unfair lending practices, and reining in soaring costs in higher education.