New York, NY and Washington, DC — Today, Demos: A Network for Ideas & Action, a national economic policy research organization, urges Congress to halt movement on the bankruptcy "reform" bill (S. 256 and H.R. 685) that will be introduced in the Senate on Monday, February 28, 2005. Congress must recognize of the fragility of our debt-driven consumer economy, and address the economic conditions that have brought about a household debt crisis in America.
New York, NY — Today, Demos: A Network for Ideas and Action announces the launch of its new Bankruptcy & Debt Clearinghouse (www.demos-usa.org/debt), an online information center containing key research, data points and analysis on trends in debt, bankruptcy and credit industry regulation in the United States.
New York, NY — Across the United States, families increasingly rely on credit cards to make up for stagnant wage growth and soaring costs. In order to cope, homeowners are depleting their home's equity to pay off a growing mountain of unsecured debt. This is a financial strategy fraught with serious consequences, according to A House of Cards: Refinancing The American Dream, a new report released today by Demos, a nonpartisan public policy organization based in New York.
NEW YORK — The economic security of younger Americans is eroding at an alarming pace as a result of slow wage growth, underemployment, rising costs and mounting student loan and credit card debt, according to a new report, "Generation Broke: The Growth of Debt Among Younger Americans," released today from Demos, a nonpartisan, public policy group based in New York City.
New York – Today’s narrow 5-4 decision in McComish v. Bennett continues the Roberts Court’s retreat on fairness in elections, striking down trigger provisions that allowed publicly financed candidates in Arizona to receive additional funds for their campaigns when their spending was outstripped by their privately financed opponents.
New York, NY – Today,as Congressional battles threaten the future of the Consumer Financial Protection Bureau, the national policy center Demos published a new report that shows how failures of the credit reporting system — and the increasing use of the system's credit reports and scores for non-lending purposes — are having outsized and damaging effects on Americans' economic health.
New York, NY — The Inequality Matters conference kicks off on Thursday, June 3rd at New York University (NYU), with keynotes by Bill Moyers and Barbara Ehrenreich.
The conference will raise an alarm about the explosive growth in economic inequality in the U.S., examine its causes, and create a forum to press for solutions to this national crisis.
Key facts:
° The Congressional Budget Office (CBO) recently released new figures showing that the income gap in the US is now the widest in 75 years.
NEW YORK — Over the last decade, high interest rate debt among America's seniors has skyrocketed, making them the fastest growing age group headed into bankruptcy court, according to a new report, "Retiring in the Red: The Growth of Debt Among Older Americans," released today from Demos, a non-partisan, public policy group based in New York City.
New York, NY — Americans faced a massive rise in credit card debt during the 1990s, according to a new study released today by Demos. "Borrowing to Make Ends Meet" found that while low-income and elderly Americans have been hit hardest by the debt boom, Americans of all stripes are suffering under the burden of high-interest credit card debt.
Boston, MA - Yesterday, the United States Court of Appeals for the First Circuit -- covering Maine, New Hampshire, Massachusetts, and Rhode Island -- issued a decision upholding Maine's campaign finance disclosure provisions, which had been challenged by the anti-gay marriage National Organization for Marriage. In response, Lisa Danetz, Demos Senior Counsel, issued the following statement:
The Corporate Reform Coalition – made up of institutional investors managing a combined total of $800 billion in assets, as well as public officials, legal scholars, good government groups and CEOs – will hold a telephone press conference to discuss a petition calling on the Securities and Exchange Commission (SEC) to issue rules on corporate political spending.
NEW YORK – On the eve of the release of new GDP numbers, Demos is publishing a new report challenging the dominance of GDP in the nation’s economic and policy debates. Beyond GDP: New Measures for A New Economy illuminates the limits of a measurement that shows economic growth, as the 2011 numbers will likely indicate, against the backdrop of an ongoing national economic crisis.
D.C. – This Wednesday, February 8th, Demos and U.S. PIRG are holding a press call to release a new and comprehensive analysis of Federal Election Commission data on Super PACs, from their advent in 2010 through the end of 2011. This new report, “Auctioning Democracy: The Rise of Super PACs and the 2012 Election,” details FEC data findings, lays out actionable recommendations for all levels of government, and provides vivid new infographics (for use with attribution) that illustrate the damage dealt by Super PACs.
Washington, D.C. – Today U.S. PIRG Education Fund and Demos released a new analysis of the funding sources for the campaign finance behemoths, Super PACs. The findings confirmed what many have predicted in the wake of the Supreme Court’s damaging Citizens United decision: since their inception in 2010, Super PACs have been primarily funded by a small segment of very wealthy individuals and business interests, with a small but significant amount of funds coming from secret sources.
New York, NY--Demos views the mortgage servicing deal reached today between a coalition of state Attorneys General and 5 major Wall Street banks as an important stepping stone in the effort to secure justice for homeowners victimized by the foreclosure crisis.
New York – In advance of Earth Day, a new research brief from non-partisan public policy organization Demos sounds a wake up call for policymakers and voters: “The Economic and Environmental Impacts of Climate Change in Florida” lays out how Floridians’ health, economy, and environment are already suffering the effects of climate change and how continued inaction on climate change promises dire consequences in the coming decades.
New York – In advance of Earth Day, a new research brief from non-partisan public policy organization Demos sounds a wake up call for policymakers and voters: “The Economic and Environmental Impacts of Climate Change in Arizona” lays out how Arizonans’ health, economy, and environment are already suffering the effects of climate change and how continued inaction on climate change promises dire consequences in the coming decades.
New York – In advance of Earth Day, a new research brief from non-partisan public policy organization Demos sounds a wake up call for policymakers and voters: “The Economic and Environmental Impacts of Climate Change in Nevada” lays out how Nevadans’ health, economy, and environment are already suffering the effects of climate change and how prolonged inaction on climate change promises dire consequences in the coming decades.
Hartford, CT. – A coalition of good government groups including Common Cause, Demos, People For the American Way, Public Citizen, Credo Action and others are calling on Connecticut Governor Dannell Malloy to sign H.B. 5556, “Changes to Campaign Finance Laws and other Election Laws,” which just passed the General Assembly. The bill would require public disclosure of major corporate and individual donors to Super PACs and other independent groups, bringing increased transparency and accountability to Connecticut’s elections.