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.
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.
Social Security remains our nation’s key source of retirement income for most Americans. The program’s overall health is sound and with relatively modest tweaks to the program’s financing, we can strengthen the system for generations to come.
Missouri is considering a bill requiring all voters to present government issued photo identification at the polls. The fact that Missouri is introducing a restrictive voter identification bill is particularly unfortunate considering the legislature passed such a bill in 2006 and it was struck down as unconstitutional under the state's constitution by the Missouri Supreme Court.