On Tuesday, December 13th, the Congressional Progressive Caucus unveiled the RESTORE the American Dream for the 99% Act. The bill, if passed, would create more than 5 million jobs and save more than $2 trillion. This is a comprehensive plan to put America back to work by reversing the failed policies of the past, which the “Super Committee” could not achieve.
Comprehensive and meaningful systemic risk reform must undo many of the ill-advised deregulatory measuresof the past 20 years, including the four key changes wrought by the Gramm-Leach-Bliley Act.
Young adults have an enormous stake in the financial regulatory reform debate. They have paid a high price for a banking crisis caused by lax regulation, and their economic futures will depend on rebuilding strong public structures for financial regulation going forward. This briefing paper addresses some of the key reforms and the impact of both the banking crisis and unregulated lending practices on young Americans' financial futures.
Give states additional Child Care and Development Block Grant funding to double the number of children served by child care assistance, make the federal Child and Dependent Care Tax Credit refundable, and expand Head Start and Early Head Start.
Home ownership is commonly understood as the quintessential marker of having arrived in the middle class: a family’s home is often the single largest asset that they own and has traditionally served as an important vehicle for wealth accumulation and economic security.
When drawing legislative districts, New York State counts incarcerated persons as "residents" of the community where the prison is located, instead of counting them in the home community to which they will return, on average, within 34 months. This practice of prison-based gerrymandering ignores more than 100 years of legal precedent.
Just in time for midterm election season, Democrats in the House of Representatives on Tuesday released details of a comprehensive higher education bill they say will ensure every student has the chance to get a postsecondary education without debt. [...]
With rising tuition costs outpacing inflation and wage growth, many students are struggling to afford college. In fact, about 44 million Americans owe over $1.48 trillion in student loan debt.
Kavanaugh’s track record on democracy raises serious concerns,” said Chiraag Bains, director of legal strategies for public policy organization Demos. “A Justice Kavanaugh on the Supreme Court could set us back when it comes to voting rights.” [...]
