More on Economy

Sep 18, 2007

Maloney Applauds Passage of FHA Reform Bill

WASHINGTON – Congresswoman Carolyn B. Maloney (D-NY), Chair of the Financial Institutions and Consumer Credit Subcommittee, released the following statement today after voting for the “Expanding American Homeownership Act of 2007” (H.R. 1852), which passed the House by a vote of 348 to 72:

Sep 12, 2007

New Analysis by Joint Economic and House Budget Committees: 83 Percent of Crushing Federal Debt Is a Product of Past Three GOP Presidents

Washington, D.C. – Senator Charles E. Schumer, Chairman of the Joint Economic Committee (JEC) and Rep. Carolyn B. Maloney, Vice Chair of the JEC, released a new JEC and House Budget Committee analysis of total national and public debt incurred under the past five administrations.  The analysis highlights a proven track record of fiscal responsibility under Democratic administrations, and conversely a sharp increase in debt under Republican administrations.

Sep 7, 2007

Congresswoman Maloney: Dismal Jobs Numbers Show Signs of Subprime Spillover to Broader Economy

WASHINGTON – Congresswoman Carolyn B. Maloney (D-NY), Vice Chair of the Joint Economic Committee, issued the following statement today regarding the Bureau of Labor Statistics’ August 2007 employment situation:

Aug 28, 2007

Maloney/Schumer: American Families Are Losing Ground on Bush's Watch; Income Down, Poverty Up Since 2000

Washington, D.C. – Senator Charles E. Schumer, Chairman of the Joint Economic Committee (JEC) and Rep. Carolyn B. Maloney, Vice Chair of the JEC, today reacted to the U.S. Census Bureau’s release of its 2006 report on income, poverty and health insurance coverage in the United State s. Although median household income rose slightly in 2006, after adjusting for inflation, the report showed that all but the richest of American households have seen their incomes decline since 2000.

Jun 14, 2007

Work-Family Policies From Abroad Would Benefit U.S. Economy, Workers, and Families Joint Economic Committee Hearing Finds

Maloney, Dingell, Schumer, Reed Urged GAO to Examine Child Care, Family Leave, and Flex Time Programs in U.S. and Around the World

May 22, 2007

Congresswoman Maloney: New JEC Report Shows that Quality Preschool Strengthens the Economy

Washington, D.C. – Investing in high-quality education is a cost-effective way of improving the life circumstances of children while also increasing U.S. economic growth over the long-term, according to new report by the Joint Economic Committee (JEC). In addition, a JEC fact sheet details the various federal and state tax credits available to families with children.

May 11, 2007

Happy Mother's Day? New JEC Report Reveals Military Moms Face Tough Challenges to Get Mental Health Care, Child Care, and Family Leave

Schumer and Maloney Release Joint Economic Committee Report Highlighting Progress Made and Work Still to Be Done to Give Military Moms the Benefits They Deserve Washington, D.C. – U.S. Senator Charles E. Schumer and Rep. Carolyn Maloney (D-NY), Chairman and Vice Chairman respectively of the Joint Economic Committee (JEC), released a Mother’s Day report revealing that mothers serving in the military and spouses of soldiers face difficult child care access, leave and health care services challenges.  Women represent one in seven U.S. military personnel in Iraq.  Like all mothers, military moms face challenges in meeting monthly expenses, getting good child care and health care for their families and themselves. But military moms face the added burden of longer deployments and frequent separation from their children and spouses. While the military has taken steps to address the needs of mothers, the JEC report finds that more still needs to be done.

May 4, 2007

Vice Chair of Joint Economic Committee Reacts to Latest Jobs Report

WASHINGTON – The Bureau of Labor Statistics today reported that the U.S. economy added only 88,000 jobs in April – the slowest monthly job growth rate in two years.  The unemployment rate edged up to 4.5 percent, and growth in payroll employment has been modest by the standards of past economic recoveries. 

Apr 20, 2007

In Time for Equal Pay Day on April 24th, Rep. Maloney Releases Top Ten Facts about the Gender Pay Gap

Washington, D.C. – Rep. Carolyn Maloney (D-NY), Vice Chair of the Joint Economic Committee, today released a list of the top ten facts about the gender pay gap to mark Equal Pay Day – a day that indicates just how far into each year a woman must work to earn as much as a man earned in the previous year.

Apr 16, 2007

Rep. Maloney: Families Losing Out on Over $10 Billion in Unclaimed Tax Credits Each Year

Washington, D.C. - Taxpayers claimed nearly $83 billion in tax credits in 2004, but families missed out on over $10 billion in unclaimed tax credits, according to estimates by the Joint Economic Committee.

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