EPI in the news

• MARKEY JOINS WARREN, BALDWIN, SCHAKOWSKY, COLLEAGUES INTRODUCE BICAMERAL LEGISLATION TO CRACK DOWN ON CORPORATE PRICE GOUGING

  This legislation also strengthens and expands requirements for public companies to disclose their pricing strategies in their filings with the Securities and Exchange Commission (SEC) and grants new funding to the FTC. A recent study by the Economic Policy Institute concluded that fatter corporate profit margins have driven more than half of prices increases since 2020.

  Office of Senator Ed Markey | May 13, 2022
• Biden’s Power to Set Contractor Wage Hikes Arises in Texas Court

  The coalition led by the Texas AFL-CIO, and including the National Employment Law Project, Communications Workers of America, and the Economic Policy Institute, filed a friend-of-the-court brief Monday asking the U.S. District Court for the Southern District of Texas to grant the government’s motion to dismiss. The Justice Department has asked the federal court to toss a challenge from Texas, Mississippi, and Louisiana, which sued to block an executive order from President Joe Biden.

  Bloomberg Law | May 13, 2022
• The Numbers Racket

  Using data from the Economic Policy Institute, a nonpartisan think tank, let’s take a look at the current cost of child care in the commonwealth

  Pennsylvania Capital-Star | May 13, 2022
• Child Care Workers and Parents Unite to Demand Livable Wages and Affordable Care

  Amazon and other large corporations are also responsible for a combined state and local tax shortfall estimated to be between $43 billion and $57 billion, the Economic Policy Institute reports. That’s enough money to pay for high quality, universal pre-kindergarten programs for children ages 3 and 4 nationwide, advocates say.

  Truthout | May 13, 2022
• Restore Expanded U.S. Tax Credits for Children, Dependent Care

  It’s a great benefit for working families who have expenses of caring for their kids. But the value of the benefit has significantly declined over the years since the provision was enacted because the exclusion amount has not kept up with inflation, while child and dependent care expenses have increased. According to the Economic Policy Institute, the cost of childcare in every state exceeds this $5,000 limit.

  Bloomberg Tax | May 13, 2022
• GOP Senate candidate Blake Masters falsely says the gender pay gap is a ‘fake left-wing narrative’ because men do ‘the most dangerous jobs’

  The Economic Policy Institute, a left-leaning think tank, previously said there’s some merit to suggestions that the gap narrows based on career differences. But researchers there have also argued that career choice isn’t as straightforward as it seems.

  Business Insider | May 13, 2022
• For Oregon parents, infant care costs more than college

  The average annual cost of infant care in Oregon is more than the cost of college tuition, according to a report by the Economic Policy Institute.

  Fox 12 | May 13, 2022

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