Yesterday, the U.S. House of Representatives voted on a package of rules that include a “pay-as-you-go” or “PAYGO” provision, which mandates that new spending be offset by matching cuts or increases in revenue. Demos supports efforts to eliminate PAYGO requirements in federal law.
Climate change poses an existential challenge to the planet. But the effects of climate change have fallen disproportionately on communities of color and working families. And the reality is that climate change has been accelerated by a coalition of corporations, donors, and policymakers who have adopted a willful blindness toward these dangers to our communities and our planet.
On Friday, February 15, Lew Daly, Senior Policy Analyst at Demos, testified in support of New York State’s Climate and Community Protection Act. Following is Daly’s statement on the bill:
New York State’s Climate and Community Protection Act (CCPA) is a bold and necessary climate action policy for the people of New York. It will establish the strongest mandate for economy-wide greenhouse gas emissions reductions in the country, requiring a 50 percent reduction by 2030 and set a timeline for achieving a 100 percent renewable energy economy by 2050.
Raising the debt ceiling cannot come at the expense of workers, especially those workers who are finally getting a foothold in the labor market; some for the first time ever
Dēmos strongly supports updating federal regulations to restore and extend overtime protections. However, we urge the Department to finalize a stronger rule than the one proposed.
"By undermining the power of federal agencies, the Court has supercharged a new battlefield for anti-regulation interests to attack our labor, consumer, and civil rights regulations."
Today's ruling is a powerful affirmation: the CFPB stands as a fortress against financial predators, especially crucial for communities of color battered by decades of discriminatory banking practices.