While Project 2025 has become infamous over the course of the presidential campaign, there’s another Republican policy blueprint that’s just as radical. In March, the Republican Study Committee (RSC) released an updated budget plan detailing what Republicans plan to do if they take over Congress in November. The committee represents 80% of House Republicans, including …
Continue reading “A Republican takeover would benefit billionaires, not you”
Donald Trump seems to float a new tax cut every week he claims will help working families—most recently proposing to make tips, overtime earnings, and Social Security benefits tax-exempt. This new playbook is obviously a cynical ploy given that Trump as president specifically undermined tipped workers, overtime earners, and Social Security recipients. But most importantly, …
Continue reading “Working families need an end to wage suppression more than new tax cuts”
Key findings: U.S. politics have recently become so chaotic and personality-driven that it’s easy to forget the long-running and high-stakes differences in how conservatives and progressives approach key policy debates. One of the starkest differences is their approach to health care. The conservative prescription for health care is increasing health care users’ “skin in the …
Continue reading “A second Trump term would increase health care costs for working families”
The share of workers earning at least $17 an hour jumped from 63% to 79% between 2019 and 2023 When people talk about “the working class,” they often invoke the image of a white man in a blue-collar job and stop there. In reality, the working class looks a lot like the overall U.S. population—it …
Continue reading “The Biden-Harris administration has boosted the multiracial working class”
“The overtime provisions in Project 2025 comprise a profoundly anti-overtime agenda that will mean millions will be working more for less.” See the impact by state and demographics U.S. law requires that most workers receive overtime pay when they work more than 40 hours in a week. This is a fundamental employment standard that helps …
Today’s interest rates are already too high and damaging family budgets and long-term climate and housing goals. But, for now, the Federal Reserve still has the freedom to lower them—an action they should have taken a while ago. However, the policies put forward by Donald Trump and Republican plans like Project 2025 would both drive …
Continue reading “How Trump and Project 2025 policies could permanently raise interest rates”
One (terrible) Project 2025 proposal has not yet gotten the attention it deserves: taxing the non-wage benefits that workers receive from their employers
By Celine McNicholas, General Counsel and Director of Policy, and Naomi Walker, Executive Vice President By now, you’ve likely heard of Project 2025, the policy mandate produced by the Heritage Foundation alongside more than 110 conservative groups that aims to completely overhaul U.S. government and society. You may have also heard about the recent staff …
In 2016, claims that the incoming Trump administration policy agenda would raise inflation were wrong. That is no longer the case.
Besides the pronounced superiority of macroeconomic performance under Democratic presidents, the fruits of economic growth are also distributed substantially more equally under Democratic presidents.
