Federal deficit hawks in Congress, driven by ideology and the campaign donations of, for lack of a better term, millionaires and billionaires, held yet another hearing last week about the national debt — but U.S. lawmakers continue to ignore the debt that is causing real trouble for the nation.
The debt danger Americans should really worry about comes from credit cards and student loans.[...]
Amid soaring inequality and stagnant wages, consumers in the United States collectively accumulated a stunning $34.4 billion in credit card debt during the second quarter of 2016 alone, according to a new report from the personal finance website WalletHub.
A Miami-Dade lobbyist [Eric Zichella] on Monday joined the court fight against a ballot item that would sharply limit campaign donations as advocates release a study claiming smaller donors to local races better reflect the county’s diversity.[...]
When environmentalists speak of climate change, they often talk of “future generations.” But generations already here are poised to suffer long-term consequences. Climate change will affect millennials drastically—including in their wallets.
Medical debt is a leading cause of bankruptcy in the United States. This report analyzes the impact of medical debt on household finances and provides policy solutions.
Every day, many U.S. families must make the impossible choice of falling into debt to pay for critical medical care or foregoing necessary treatment. In 2014, 64 million people were struggling with medical debt and it is the leading cause of bankruptcy in the United States.
There's no one reason for the routine neglect of African-American areas, but a study released today by the civil rights advocacy group Demos pinpoints a huge government-access problem in South Florida: Black people, the study says, can't keep up with the deluge of campaign money coming from Miami's cadre of rich lawyers, lobbyists, investors, and real-estate tycoons.
Black people make up one-fifth of Miami-Dade County's population. It doesn't exactly take a Nobel Laureate to see the county hasn't always treated its majority-black neighborhoods with a ton of respect. (See: Beckham, David.)
Black political power is declining in cities across the country, including Oakland, St. Louis, Cleveland and Atlanta — even as African-Americans are gaining majority status in an increasing number of suburbs.
At the same time, African-American emigration to the South has started to weaken Republican control of some deep red states.
Today, the U.S. Supreme Court issued a decision vacating the federal bribery conviction of former Virginia Governor Robert McDonnell. The Court’s ruling narrowed the scope of federal bribery laws and required clearer jury instructions on the kinds of “official acts” that can be prosecuted when officeholders accept personal gifts from private individuals. In response, Brenda Wright, Vice President of Policy and Legal Strategies at Demos, issued the following statement:
D.C. politicians are funded by donors who are whiter and wealthier than the constituents they serve, an analysis by the liberal think tank Demos found.[...]
While it comes as no surprise that wealthy people are more inclined to spend on political races, the Demos analysis is the first comprehensive look at the demographics of District campaign contributors in recent years. Analysts matched campaign donors to a voter database used by Democrats that includes race, gender and income.[...]
The D.C. donor class doesn’t represent the diversity of Washington D.C.’s population, a new Demos report finds. In Washington D.C.’s 2014 mayoral election, large donors (those who gave more than $1,000) accounted for 67 percent of all money raised by the three candidates in 2014.
The biggest political donors aren’t just wealthier than the median voter. A study from the think tank Demos suggests they also tend to be disproportionately white, male and right-wing.
Public policies can either fuel or ease racial disparities in wealth. This report marks the first-ever systematic analysis of the impact of different policies, highlighting the policies that could help erase the racial wealth gap.
The 2016 presidential election is dominated by big money – with close to half of all Super PAC money coming from just 50 donors. When wealthy, white donors set the agenda each election season, whose voices are left unheard?
The Brennan Center for Justice, Demos and The Leadership Conference on Civil and Human Rights invite you to engage in a thought-provoking and timely discussion about how the outsized influence of big money in politics may be a 21st Century civil rights issue and what we can do about it.
(BOSTON, Mass.)- Today, a broad coalition of consumer, civil rights, labor, and community organizations issued a letter strongly urging members of the U.S. House of Representatives to support of H.R. 5282, the Comprehensive Consumer Credit Reporting Reform Act of 2016, introduced today by Congresswoman Maxine Waters.
About 94% of donors to Emanuel's campaign were white, even though white people comprise just 39% of Chicago's total population, according to the new report, from progressive think tank Demos. Emanuel's donors almost entirely (84%) gave large contributions of $1,000 or more. A staggering 80% of his donors had an annual income of at least $100,000 or more, despite just 15% of Chicagoans making six figures.