Articles
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4 days ago |
epi.org | Josh Bivens
House Republicans wanted to find a way to defray the cost of the tax cuts they passed for the richest households in the country. They chose to slash programs helping some of the most vulnerable families—including Medicaid and subsidies that let people buy health insurance through the Affordable Care Act (ACA).
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1 week ago |
epi.org | Josh Bivens |Adam Hersh
Recent public opinion polling indicates that Americans seem to have nuanced views on trade. They are skeptical of the benefits of trade with other countries (particularly China) and yet are also skeptical about the benefits of higher import tariffs, worrying that they could lead to higher prices (Gracia 2024; Lange and Lawder 2024). On the surface, these views may seem inconsistent, but they are perceptive about the differences between the effects of trade versus the effects of trade policy.
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2 weeks ago |
epi.org | Heidi Shierholz
Today, the Trump administration and nearly all Republicans in the House of Representatives took another step toward advancing their top economic priority: keeping taxes for the wealthy and corporations at rock-bottom rates, by any means necessary. The budget reconciliation bill that the House passed today, H.R. 1, represents a massive redistribution of income to the richest households in the country at the expense of some of the poorest.
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1 month ago |
epi.org
This Monday marked Workers Memorial Day, an annual international day of remembrance of workers who have died on the job, as well as a day of action to continue the fight for workplace safety. An estimated 140,587 U.S. workers died from hazardous working conditions in 2023, according to a new AFL-CIO report. This amounts to…
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1 month ago |
epi.org
In 2025, the federal minimum wage is officially a “poverty wage.” The annual earnings of a single adult working full-time, year-round at $7.25 an hour now fall below the poverty threshold of $15,650 (established by the Department of Health and Human Services guidelines). The limitations of how the federal government calculates poverty understate how far…
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