Rep. Maloney Recognizes Bipartisan Agreement at JEC Hearing on Economic Opportunity
WASHINGTON, DC – Following a Joint Economic Committee Hearing examining “The Decline of Economic Opportunity in the United States,” Congresswoman Carolyn B. Maloney (NY-12), House ranking member on the committee, released the following statement:
“Today’s hearing made it clear that despite all the division and rancor that sometimes seems to paralyze us here in Washington, there is strong bipartisan agreement on numerous policy initiatives that could help move our nation forward, improve economic opportunity for all, and lift the standard of living for millions.
“Throughout the hearing, there was a consensus among our expert witnesses and most of the members of the Committee present, on common sense proposals that Congress could act on, right now, to help Americans nationwide that have been left behind by the changes in our economy.
“Many of us agreed that we need to invest in a forward looking infrastructure program; in education, including early-childhood education; workforce training and skill development programs; and comprehensive immigration reform. Each one of these measures will help pave the way for better economic opportunity, especially in rural and distressed communities.
“The Second Avenue Subway project in my district is a great example of the positive impact that results from investing in infrastructure. Just months after its opening, it has already proven to be an engine of economic growth. When Phase 2 of this project is completed, it will connect economically disadvantaged communities in East Harlem with the thriving communities of midtown and lower Manhattan, and help to pave the way for greater access to jobs, education, and other services.
“We also must all recognize importance of investing in women. With our observance of Equal Pay Day this week, I took the opportunity to highlight for my colleagues that closing the gender wage gap not only benefits the women who are finally being paid fair wages, but also benefits out economy overall.”
The Joint Economic Committee heard testimony from:
- Mr. John Lettieri, Co-Founder of the Economic Innovation Group
- Dr. Tim Kane, Fellow at the Hoover Institute
- Dr. Jared Bernstein, Senior Fellow at the Center on Budget and Policy Priorities
The JEC recently released a report on The Gender Wage Gap with a state-by-state snapshot – that showed New York has the smallest gender gap in the nation.