While some fairly valuable tax breaks for students have been kept from the chopping block, the Senate GOP’s tax bill could go a long way toward decimating funding for public colleges and universities, and community colleges in particular.
To summarize, the House Republican tax plan would get rid of several incentives—from the ability to deduct student loan interest as well as tuition, to the Lifetime Learning tax credit—which provide middle-class students and borrowers with some relief at tax time.
Chicago, IL – Today, Heather McGhee, president of Demos, spoke during the Opening Session of the inaugural Obama Foundation Summit, a gathering of civic leaders in Chicago. The following are her remarks, as prepared for delivery.
The economy is not the weather. Economic news may come to us like a weather report—the stock market going up or down like the temperature—but it’s not actually unseen natural forces that dictate the way the wind will blow economically.
Many Americans believe that we have achieved black-white racial economic equality, but the data continue to show that we have a long way to go. For centuries, we have had policies to help white families build wealth at the expense of black families.
On August 31, Federal District Judge Amos Mazzant of Texas issued a ruling striking down the U.S. Department of Labor’s update to federal rules on overtime pay. Demos Associate Director of Policy and Research Amy Traub released the following statement:
A point that climate change reports often fail to note is climate change will disproportionately harm people of color. People of color are overrepresented in the southern states, in the poorest counties, and among outdoor workers.
August 2, 2017 (New York, NY) – In response to reports today that the U.S. Department of Justice plans to investigate higher education institutions’ affirmative action policies, Heather McGhee, President of Demos and Demos Action, issued the following statement.
The top three economic issues for young people are debt-free public college, paid family and medical leave and a higher minimum wage (followed closely by affordable childcare).
NEW YORK, NY – In response to the “Better Deal” proposal that Congressional Democrats laid out today, Tamara Draut, Vice President of Policy and Research at Demos, released the following statement: