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Oct 31, 2024 | 
teenvogue.com | Ali Bustamante
Beyond student loan cancellation, the administration has also taken steps to expand Pell Grants and other forms of financial aid to help low-income students afford college without taking on massive loans.
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Oct 17, 2024 | 
rooseveltinstitute.org | Ali Bustamante |Hiba Hafiz |Suresh Naidu
IntroductionThe Workforce Innovation and Opportunity Act (WIOA) plays a vital role in the United States’ workforce development system, funding programs that provide training, employment, and support services to millions of workers, particularly those facing significant barriers to employment.
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Aug 28, 2024 | 
checkyourfact.com | Ali Bustamante
In an Aug.
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Aug 15, 2024 | 
rooseveltinstitute.org | Ali Bustamante
Two years ago, President Biden signed into law the Inflation Reduction Act (IRA). Enacted with the dual goals of addressing inflationary pressures and climate change, the IRA represents one of the most ambitious and comprehensive pieces of legislation in recent history. This anniversary provides an opportune moment to reflect on the profound impact this landmark law has had on the US economy, public health, and the environment—and to ensure its benefits can be distributed equitably.
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Jul 22, 2024 | 
rooseveltinstitute.org | Ali Bustamante |Joe Peck |Janelle Jones |Sunny Malhotra
IntroductionIndustrial policy is and has always been about targeting sector growth to achieve structural transformations in the economy (Juhász, Lane, and Rodrik 2023; Tucker 2019). The Inflation Reduction Act (IRA) aims to do just that: driving forward an economic structure that reduces carbon emissions and energy costs, strengthens national security, and creates good jobs (White House 2023a; White House 2023b).
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May 1, 2024 | 
rooseveltinstitute.org | Ali Bustamante
As deputy director of Roosevelt's Worker Power and Economic Security program, Dr. Bustamante leads research on democratizing the 21st century economy and centering equity across America's institutions.
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Feb 15, 2024 | 
rooseveltinstitute.org | Ali Bustamante |Andrew Elrod
Introduction: The Need for Progressive Wage-Setting MechanismsThe erosion of the real value of the minimum wage in the United States was a problem before the pandemic and has only gotten worse during recent years. Despite high rates of wage growth over the past two years, the stagnant federal minimum wage and declining rates of union density have contributed to the suppression of average real wages for many Americans.
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Feb 1, 2024 | 
rooseveltinstitute.org | Ali Bustamante
The index of American consumer sentiment about the economy rose to 78.8 points this January, its highest level since July 2021. The 28.5 percent gain over the past two months represents the greatest improvement in consumer sentiment since March 1991, and suggests that Americans are starting to feel like the economy is back on track. Policymakers must now stay the course and continue to deliver broad and sustained improvements in economic conditions in order to carry forward public opinion.
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Nov 20, 2023 | 
rooseveltinstitute.org | Ali Bustamante
The United Auto Workers (UAW) announced Monday that nearly two-thirds of its members voted to ratify contracts with the auto industry’s “Big 3”—General Motors, Ford, and Stellantis—following a historic six-week labor strike. The publicly released contract terms suggest that the strike was a success for both auto workers and the future of American economic democracy.
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Nov 9, 2023 | 
rooseveltinstitute.org | Hiba Hafiz |Ali Bustamante |Bharat Ramamurti |Lindsay Owens
IntroductionFor nearly all Americans, work is the only route to economic security and mobility. But not all roads are created equal. Where you work in America matters. There is a widening gap between the richest people and places and the poorest who reside in rural and distressed urban communities.
