News | Economy & Labor Progressives Prepare to Mobilize If Supreme Court Blocks Student Debt Relief Organizers are urging the White House to use executive powers to enact broad-based student debt cancellation. By Jake Johnson , CommonDreams June 28, 2023 Truthout
News | Economy & Labor GOP Is Trying to Slash Food Aid to Kids Who Are Already Struggling to Access It A recent study suggests that more than 53 percent of young kids who are eligible for food aid haven’t been getting it. By Sam Knight , Truthout June 15, 2023 Truthout
News | Economy & Labor Top 1 Percent Would Get $28B in Tax Cuts Under New Republican Plan The average member of the 1 percent would save $16,550 under the plan. A person in the bottom 20 percent would save $40. By Sharon Zhang , Truthout June 13, 2023 Truthout
News Analysis | Economy & Labor For GOP, Debt Ceiling Deal Was Never About Debt — It Was About Conserving Power Conservatives weaponized the debt deal to consolidate power. Let’s use the budget to create new power structures. By Lindsay Koshgarian , Truthout June 9, 2023 Truthout
News | Economy & Labor Biden Vetoes GOP Bill to Nix Student Debt Relief Debt advocates say the bill would have forced borrowers to pay retroactive payments on their student debt. By Sharon Zhang , Truthout June 8, 2023 Truthout
News | Economy & Labor End of Student Loan Freeze Will Be a “Massive Disaster,” Warns Consumer Advocate New research shows that more than 1 in 13 borrowers are already behind on payments other than student debt. By Jake Johnson , CommonDreams June 8, 2023 Truthout
News | Economy & Labor Sanders Denounces Morality of System Where 3 Are Richer Than 165 Million People The senator argued that the oligarchy wins when they divide up the working class and those living in poverty. By Jon Queally , CommonDreams June 4, 2023 Truthout
News Analysis | Economy & Labor Economy Gains 339,000 Jobs in May Though Unemployment Rises to 3.7 Percent If the goal of the Fed’s interest rate policy was to weaken the labor market, they seem to have gotten their wish. By Dean Baker , CenterforEconomicandPolicyResearch June 2, 2023 Truthout
News | Economy & Labor Why Is the Fed Seeking Advice From the Architect of Past Financial Meltdowns? Fed Chair Jerome Powell has been looking to disaster-prone ex-Treasury head Larry Summers for insight, emails reveal. By Sam Knight , Truthout June 1, 2023 Truthout
News | Economy & Labor Debt Limit Deal Prohibits Biden From Extending Student Loan Payment Pause Again The bill would implement a sweeping change for student debt at a time of great uncertainty for borrowers. By Sharon Zhang , Truthout May 30, 2023 Truthout