ADVISORY: Workers or Wall Street? What the Boom in Stock Buybacks Means for Working Americans

Washington, D.C. — Corporate share buybacks stand at the intersection of multiple policy debates around for whom America’s economy is working: workers, communities, or Wall Street. Many Wall Street leaders and corporate executives are so focused on extracting ever larger short-term payouts that companies are slashing…

RELEASE: New CAP Brief Sheds Light on Why People Continue to Flee Latin America

Washington, D.C. — As the Trump administration’s policy to separate children from their families at the border has brought public attention to the refugee crises, a new CAP issue brief provides clear data laying out why many families and children from Latin America are seeking refuge in…

STATEMENT: CAP Economist Michael Madowitz on the May 2018 Jobs Report

Washington, D.C. — Michael Madowitz, an economist at the Center for American Progress, released the following statement today after the U.S. Bureau of Labor Statistics released the Employment Situation figures for May 2018: The U.S. Department of Labor reports the economy added 223,000 jobs in May, with the…

STATEMENT: CAP’s Andy Green on Fed’s Volcker Rule 2.0 Vote

Washington, D.C. — Today, the Federal Reserve Board was the first of five agencies to issue a joint proposed rule that would substantially revise the Volcker Rule. Andy Green, the managing director of Economic Policy at the Center for American Progress, released the following statement:…

The State of the U.S. Labor Market for Mothers: Pre-May 2018 Jobs Release

This column contains a correction. Today is Moms Equal Pay Day—the day up until which the average mother would have to work to make as much as the average father made in the previous year. This year, Moms Equal Pay Day falls just two days…

STATEMENT: CAP’s Marc Jarsulic on House Passage of the “Bank Lobbyist Act”

Washington, D.C. — Today, the U.S. House of Representatives passed the so-called Economic Growth, Regulatory Relief, and Consumer Protection Act—sending the bill to President Donald Trump’s desk. Marc Jarsulic, vice president of economic policy at the Center for American Progress and former chief economist for the…

Pruitt’s Misuse of Religion to Sell Out Our Air and Water

Environmental Protection Agency (EPA) Administrator Scott Pruitt is facing at least 16 federal investigations based on his established pattern of harmful actions against the environment and the manipulation of his position of power for personal gains. Throughout the first year of his appointment as the…

Blue Future

For background information, see “Overview of U.S. Ocean Governance” and “Overview of China Ocean Governance.” Introduction and summary The United States and China share a deep common interest in ocean protection. The world’s ocean and coastal resources are currently under threat from overfishing, pollution, and…

An Unequal Division of Labor

Introduction and summary Many, if not most, workers experience times in their lives when their responsibilities at work conflict with their responsibilities at home. This is a problem that is felt acutely by all workers who have caregiving responsibilities at home—whether they are caring for…

State-by-State Estimated Premium Increases due to Individual Mandate Repeal and Short-Term Plan Rule

Last year, as part of the tax law, Congress eliminated the Affordable Care Act’s individual mandate penalty. Given the mandate’s important role in encouraging healthier people to enroll in the marketplaces, the Congressional Budget Office (CBO) estimates that, in 2019, this will increase average premiums…