A new, non-partisan study by Thomas Hungerford of the non-partisan Congressional Research Service confirms that the explosion of income inequality over the past 15 years is fueled by rapidly rising income from capital gains and dividends. 

Paul Krugman has a pretty straightforward plan to deal with the sequester that’s due to hit March 1. The New York Times columnist and Nobel Prize-winning economist says, “The right policy would be to forget about the whole thing.” 

He bases his proposal on what Federal Reserve Vice Chair Janet Yellen said in her keynote address to the Trans-Atlantic Agenda for Shared Prosperity conference at the AFL-CIO headquarters in Washington, D.C., earlier this month. Fiscal austerity, such as the sequester and the latest doomsday alert from the Bowles-Simpson duo, is the enemy of real economic recovery. 

The president opened last week's State of the Union address, calling for "modest" changes to contain Medicare costs. One of the president's primary audiences, Congress, faces a series of deadlines in the coming months, including automatic spending cuts on March 1, expiration of the federal budget patch on March 27 and the impending debt ceiling this summer. Any one of these deadlines may force decisions about Medicare's future.

As part of a six-day worldwide labor solidarity campaign, American union members protested outside the Mexican Embassy in Washington, D.C., yesterday in support of greater trade union rights and protections in Mexico.

Let's be clear, the "chained" CPI is a Social Security benefit cut. The younger you are, the bigger the benefit cut. 

AARP has a handy new calculator that helps you calculate how much you lose if Congress enacts a "chained" CPI. The tool also calculates veterans' benefits. 

Check out the AARP Chained CPI Calculator here. 

The AFL-CIO and the Chamber of Commerce have been working together to find common ground on comprehensive immigration reform. This morning, AFL-CIO President Richard Trumka and Chamber of Commerce President Thomas J. Donohue released this statement on the groups’ shared immigration reform principles.  

The United States will always be a nation of immigrants who have contributed greatly to the vitality, diversity and creativity of American life. Yet, like the rest of America’s immigration system, the mechanisms for evaluating our labor market needs and admitting foreign workers—as well as recruiting U.S. workers—for temporary and permanent jobs are broken or non-existent. Current immigration policies are rigid, cumbersome and inefficient. What is needed is the creation of a professional bureau in a federal executive agency to inform Congress and the public about these issues together with a system that provides for lesser-skilled visas that respond to employers’ needs while protecting the wages and working conditions of lesser-skilled workers—foreign or domestic. Current efforts at comprehensive immigration reform present a unique and historic opportunity for American workers and businesses to work together to fix this aspect of the badly broken system.

House Speaker John Boehner (R-Ohio) continues to lead the Republican charge to the March 1 deadline, when arbitrary, across-the-board sequestration cuts in everything from mental health services to public safety kick in. In a cynical drive to wring massive concessions in cuts from Social Security, Medicare and Medicaid, Boehner and the Republicans are willing to inflict hardships on working families and bring disaster to the economy.

While the AFL-CIO continues to roll out its campaign for citizenship and fair, comprehensive immigration reform for aspiring Americans, lawmakers in Congress are considering a number of potential options for an immigration bill. It is no secret that the union movement and the business community have been discussing the “future flow” of lesser-skilled workers. There is consensus that, like the rest of America’s immigration system, the mechanisms for evaluating our labor market needs and admitting foreign workers (as well as recruiting U.S. workers) for temporary and permanent jobs are broken, or non-existent.

Detroit’s below freezing temperatures and gray winter skies didn’t deter a group of union and community activists from gathering downtown in front of a Chase Bank to build support to ensure that corporate special interests like Chase pay their fair share in taxes.

The morning action was just one of more than 100 events in a national day of action urging Congress to avert the $85 billion in arbitrary, across-the-board sequestration cuts in everything from mental health services to public safety scheduled to take effect March 1.

A new poll from Small Business Majority shows that small business owners oppose suggested benefit cuts to social safety net lifelines. The poll shows that 80% oppose cuts to Social Security, while nearly 75% oppose cuts to Medicare and about 66% oppose cuts to Medicaid.