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. [...]
California has a funny habit of anticipating national political trends. Celebrity chief executives with no previous political experience who ride name recognition and controversy to victory? Seen it once or twice before. A spate of deregulatory policy leading to exploitation and corruption, culminating in a crisis? California knows something about that.Immigration and shifting demographics that inspire a “whitelash,” and put anti-immigrant populists in power?
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. [...]
Donald Trump and his billionaire Cabinet are proposing even bigger tax cuts for the wealthy when what we need is a fairer system that allows our nation to meet the needs of its people.
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.
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. [...]
It’s hard to imagine honest, revelatory, even enjoyable conversation between people on distant points of American life right now. But in this public conversation at the Citizen University annual conference, Matt Kibbe and Heather McGhee show us how. He’s a libertarian who helped activate the Tea Party. She’s a millennial progressive leader. They are bridge people for this moment — holding passion and conviction together with an enthusiasm for engaging difference, and carrying questions as vigorously as they carry answers.
New York’s plan is a step forward in returning to the days when students could work their way through public college without taking on debt. But the impact on reducing the need to borrow may be minimal, especially for first-generation, low-wealth students.
New York approved a state budget Sunday that included the Excelsior Scholarship, which will allow students whose families earn less than $125,000 a year to attend state public colleges and universities tuition-free.
After a year of strikes and protests there’s a victory for many federal workers demanding that their government to pay them a living wage. President Obama in tonight’s State of the Union address will announce plans to sign an executive order requiring federal contractors to pay workers at least $10.10 an hour. The action affects workers currently earning less and will apply to new federal contracts.
Low-wage, federally-contracted janitors and construction workers will have a new minimum wage of $10.10 per hour, under an executive order announced by the White House Tuesday. Advocates said the full scope of the order, which will be formally announced during tonight’s State of the Union address, remains unclear, but could include hundreds of thousands of employees under future federal contracts. [...]
President Obama's promised executive order to raise the minimum wage for some government contract workers would likely affect less than half a million people and may face legal challenge.
What Obama is hoping is that his relatively narrow move will spur Congress to follow suit for all low-wage workers in the country.
During his State of the Union address tonight, President Obama will announce plans to issue an executive order giving a raise to low-wage workers on new federal contracts, a move that affects thousands of people in the Washington area, the White House says.
Dem Rep. Keith Ellison has been one of the leading proponents of the executive action that President Obama will announce tonight boosting the minimum wage for employees of federal contractors. In an interview this morning, he argued that this move has broader significance than it first appears.
At Fox News, President Obama's push to increase the federal minimum wage for millions of American workers through legislative and executive action is merely a "symbolic" gesture.
President Obama took the podium for last night’s State of the Union Address at a time when mood of the country is sour—toward the president and toward the economy. [...]
Of course, actions speak louder than words. In the speech, Obama announced he will sign an executive order that will force federal contractors to pay employees a minimum wage of $10.10 per hour.