Truthout
Economy
Iowa GOP Pushes “Profoundly Cruel and Petty” Food Benefit Restrictions
The bill would bar Iowans from buying fresh meat, white grains, nuts, canned fruits, and other foods with SNAP benefits.
GOP Plan to Cut Social Security and Medicare Is Disliked Among Republican Voters
If the GOP tries to force cuts to Social Security via the debt ceiling, it would be against their own base’s wishes.
Lawmakers in 7 States Are Working Together to Tax the Rich
Lawmakers are introducing wealth tax proposals as federal lawmakers fail to combat wealth inequality.
As Income Inequality Skyrockets, the Rich Are Paying Less Into Social Security
Wages captured by Social Security taxes hit a record low in 2021 due to increasing inequality, a new analysis finds.
38 Percent of Americans Delayed Medical Care Due to Cost in 2022, a Record High
The proportion of Americans who put off care for a “very” or “somewhat” serious condition skyrocketed last year.
For Every $1 Gained by a Bottom 90 Percenter Since 2020, a Billionaire Got $1.7M
A report finds the top 1 percent seized twice the new wealth as the rest of the world in the past two years.
Southwest Promotes Executives After Canceling Nearly 17K Flights During Holidays
The Southwest pilots' union published a letter blaming the company’s management for eroding “our company from within."
“The Rent Is Too High”: Warren, Bowman Ask Biden to Fight Crushing Housing Costs
The lawmakers warn that homelessness will continue to worsen as long as housing prices rise unmitigated.
Sanders, Warren, and Others Raise Alarm Over Rise of Medical Credit Cards
More than 100 million people are saddled with medical debt in the U.S., collectively owing upwards of $200 billion.
We Can’t Combat Inequality Without First Valuing Care Work
A feminist political economy addresses gender inequalities, but also seeks to rectify inequalities in labor division.