JEC Republicans| www.jec.senate.gov
JEC Republicans| www.jec.senate.gov
JEC Republicans| www.jec.senate.gov
JEC Republicans| www.jec.senate.gov
The U.S. economy has performed much better under Democratic presidents than Republican presidents in the modern era. In almost every measure of the U.S. economy including total job growth, unemployment, economic growth, manufacturing job growth, manufacturing investment, small business creation, and contribution to the national debt, economic performance is stronger under Democrats.| www.jec.senate.gov
A hearing before the U. S. Congress Joint Economic Committee will be held on Wednesday, December 18, 2024, at 2:30 p.m. EST, in Room 210 Cannon House Office Building. Representative Don Beyer Jr. presiding| www.jec.senate.gov
The incoming Trump administration plans to conduct mass deportations that would upend entire communities and have severe economic fallout. Mass deportations would reduce economic growth, shrink the labor force, cost U.S.-born workers their jobs, raise costs for nearly all Americans, and risk igniting inflation.| www.jec.senate.gov
While there are good reasons not to rely on the tax code to promote social goals, its imbalanced treatment of spending and saving actually discourages savings and thereby poses a barrier to social capital investment. Universal savings accounts would help rectify this bias.| www.jec.senate.gov