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Economic News Roundup

Economic News Roundup

The Economic Policy Institute (EPI), National People's Action (NPA), the Center for Effective Government, and Citizens for Tax Justice (CTJ) have released important research about the economy in the past few weeks.

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Ryan Budget: Same Stuff, Different Year (Yawn)

Ryan Budget: Same Stuff, Different Year (Yawn)

Rep. Paul Ryan (R-Wis.) released the Republican budget plan today that can be described best by the famous quote from baseball philosopher Yogi Berra, “Déjà vu all over again.” Yep, it’s the same old tired—uh, we’ll call it stuff—Ryan and the Republicans have been trying to peddle for years.

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3 Reasons Why We Aren't at Full Recovery Yet and 2 Ways We Can Get There

3 Reasons Why We Aren't at Full Recovery Yet and 2 Ways We Can Get There

Some observers have declared that the United States has reached a full recovery after the Great Recession because per capita GDP growth has rebounded to pre-recession levels. But in a thorough essay at the Economic Policy Institute, Josh Bivens argues that the logic is highly flawed and that we're far from a full recovery.  He also provides several policy suggestions that would get us much closer to that elusive full recovery and on the path to raising wages.

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The Latest Republican Plan to Outsource Jobs

The Latest Republican Plan to Outsource Jobs

House Republicans are proposing another enormous tax break for corporations to outsource jobs. The latest Republican outsourcing plan is very similar to the one promoted by former Gov. Mitt Romney in the 2012 presidential campaign, which President Barack Obama said would cost 800,000 jobs.

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Obama Budget ‘Good Starting Point’ to Address Income Inequality

President Barack Obama today unveiled his fiscal year 2015 budget, which he says is “about choices, it’s about our values.” Making a down payment on his State of the Union address message that economic inequality is the greatest challenge of our time, he says:

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What We’re Reading Today: Friday News Roundup

What We’re Reading Today: Friday News Roundup

Here are some headlines from the working families news we're reading today (after the jump). 

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What We're Reading Today: Tuesday News Roundup

Photo via Doviende/Flickr

Here are some headlines from the working families news we're reading today (after the jump).

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Senate Passes Lopsided House Budget, Unemployment Insurance Extension Still Up in the Air

Photo via Bernard Pollack

The U.S. Senate passed the House bipartisan budget agreement (64–36) last night, sending it to President Barack Obama, who has signaled he supports the package. 

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House Passes Lopsided Budget Deal

House Passes Lopsided Budget Deal

In a 332–94 vote, the U.S. House passed a bipartisan budget deal Thursday night that averts another government shutdown and temporarily relieves some sequestration budget cuts but leaves long-term jobless workers out in the cold and inflicts further harm on federal workers, who have sacrificed more than enough to budget-cutting already.

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AFGE Tells Budget Committee to Stop Targeting Government Employees

AFGE Tells Budget Committee to Stop Targeting Government Employees

In the current budget negotiations, federal government workers are once again being targeted as a way for extreme Republicans to try to "solve" a budget deficit "crisis" that isn't a crisis. Government employees didn't cause the budget deficit and they've given more than just about anyone in previous attempts to reduce the deficit, with three years of pay freezes, a lost week of pay during the government shutdown and increased pension payments for new employees. Now the congressional Budget Conference Committee is considering increasing pension payments for all government employees. In response, the AFGE says, "Enough is enough!"

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