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A Mother’s Day Letter to America

Dear America, A working mother recently wrote to the New York Times asking what really makes for a “family friendly” company. Her workplace experiences were the opposite of the company’s stated commitment to the notion and she wanted to know if her expectations were too high. The reply that followed was not so much a definition of a family friendly workplace, but advice: “Even if you are short on funds, it is worth it for you to go into (potentially further) debt at this time to pay for as...

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The State of Child Care and Early Education in the US

In honor of Mother’s Day, CEPR is publishing a curated selection of original research reports from academic institutions and nonprofits on the current state of child care and early education in the US. The compilation is part of our ongoing effort to promote informed debate on the most important economic and social issues that affect people's lives as well as encouraging inclusive conversations on improving the lives of families across the country. Brookings Institution What is the market...

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Groups Call for Oversight of BB&T-SunTrust Merger

On Thursday, May 2nd, the Revolving Door Project, in conjunction with the Demand Progress Education Fund and Color for Change, submitted a comment to the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve System Board of Governors regarding the proposed merger between Branch Banking and Trust Company (BB&T) and SunTrust Bank. This comment raised numerous concerns related to the implications of this merger, the largest since the financial crisis, and the integrity of the...

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The Social Security Trustees Consistently Agree: The Program is Well-Funded

This year’s Social Security and Medicare trustees’ report saw very few changes from last year’s report and showed that the Social Security retirement program’s (OASI) financial situation had improved modestly by some measures. While the report predicts that the Social Security retirement program will be able to pay 77 percent of benefits starting in 2034 (down from 79 percent that was reported in 2018), the trustees’ own rationale shows that the future of the program is secure with minor...

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April Update on the State of Independent Federal Agencies

As we have previously highlighted, the federal government’s forty independent federal agencies receive too little attention relative to their importance to our collective safety and prosperity. The Revolving Door Project has worked to shed light on these overlooked agencies and the threats that they face through multiple channels. We hope public education will generate pressure to safeguard the independence of these agencies and ensure that they are staffed with advocates for the public...

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Bold Calls to #taxtherich, But Not Enough Talk of Enforcement

Earlier this year, Representative Alexandria Ocasio-Cortez made waves when she used her appearance on 60 Minutes to call for a 70 percent marginal tax rate on incomes over $10 million. The mainstream media establishment was further blown away when polls in the following days showed that this radical proposal was wildly popular. To anyone who had been paying attention, this was hardly a shocking revelation; Americans have long supported raising taxes on the wealthiest Americans. Nonetheless,...

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Labor Market Policy Research Reports, April 2019

CEPR regularly publishes a curated collection of original research from academic institutions and nonprofits on the state of the US labor market. The compilation is part of our ongoing effort to promote informed debate on the most important economic and social issues that affect people's lives. The Brookings Institution Meet the millions of young adults who are out of work An estimated 17 percent of young people aged 18 to 24 years old find themselves out of work in midsize to large cities...

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Can Writers Guild Members Rewrite Private Equity’s Greedy Script?

It’s widely understood that private equity firms make money for themselves and their investors by loading the companies they buy with debt, selling off assets, and gaming the tax system. But, there is another, less well-known way that private equity enriches itself when it takes over a traditional company. While relations between management and labor in traditionally managed companies are generally built on low-trust and an acknowledged divergence of interests, managers have needed to build...

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Paid Family and Medical Leave Is a Bargain Even Low-Wage Workers Can Afford

The FAMILY Act was reintroduced in the 116th Congress by Kirsten Gillibrand in the Senate and Rosa DeLauro in the House. It would provide workers with income when they need to take time off for their own health including recovery from childbirth, to care for a seriously ill family member or spouse, or to bond with a new baby or an adopted or foster child. One of the arguments against paid family and medical leave that opponents frequently use to try to discredit this popular social insurance...

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Labor Market Policy Research Reports, March 2019

CEPR regularly publishes a curated collection of original research from academic institutions and nonprofits on the state of the US labor market. The compilation is part of our ongoing effort to promote informed debate on the most important economic and social issues that affect people's lives. The Brookings Institution Advancing Opportunity in California’s Inland Empire California’s Inland Empire has seen exceptional growth over the years due in large part to its affordability and close...

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