The Economic Policy Institute reported earlier this month that children could also be heavily affected if budget cuts were to impact Medicaid expansion or the Children’s Health Insurance Program (CHIP). The proposed decreases to Medicaid funding could increase the number of uninsured children by about 12%, the think tank found.
News Nation Now
April 25, 2025
We are told Tennessee is a low tax state, but in reality it is only a low tax state for big corporations. The Economic Policy Institute reports that more than 60% of companies filing in Tennessee pay zero in the state corporate income tax. That includes 24% of companies that report over $1 billion in revenue to the federal government, according to the Tennessee Department of Revenue as reported by Tennessee Senate Democrats.
Tennessean
April 25, 2025
Adam Hersh, a senior economist at the Economic Policy Institute, told me that he doesn’t believe Trump has shown any signs of a rational or strategic approach.
“If it was strategic, you wouldn’t be putting tariffs on Heard and McDonald Islands near Antarctica — full of penguins — or Lesotho, one of the poorest countries in the world,” Hersh said. “You wouldn’t be putting tariffs on countries that we’ve been encouraging as an alternative for manufacturing to divert investments out of China. Or putting tariffs on countries that you wanted alliances with to isolate China, so that you can get economic concessions from them. Instead, we’re driving all those countries into China’s arms.”
MSNBC.com
April 25, 2025
In the US, child care is both unaffordable and inaccessible. According to the Economic Policy Institute, the average cost of care now rivals public in-state college tuition. To add insult to injury, these costs are rising faster than wages.
Time Magazine
April 25, 2025
The IMF said the world is entering a new era and said the slowdown is due to the president’s unpredictable policies. However, the White House assured the country today that President Donald Trump’s “America First” agenda is working.
“It’s basically all about the uncertain tariff policy, and the very high new tariffs, and the trade war that they have ignited,” said Josh Bivens, EPI chief economist.
Hearst TV
April 23, 2025
But the regulatory environment may be changing quickly. The Economic Policy Institute, a nonprofit focusing on income inequality, workers’ rights and other progressive causes, counted 31 US states that introduced bills to weaken child labor laws from 2021 through 2024.
Bloomberg
April 23, 2025
The average Black unemployment rate in the District of Columbia had improved in recent years, falling below 10% for the first time since the Great Recession, according to an Economic Policy Institute analysis of government data. Yet African Americans are overrepresented in federal government jobs, and could wind up bearing the brunt of Trump’s cutbacks.
Bloomberg
April 23, 2025
Looking closer at corruption, the Economic Policy Institute reports that the CEO-vs-worker pay ratio peaked in 2021 at 399:1 [290:1 in 2023]. It has increased by over 1,000% since 1978 as compared to average worker pay, which has increased by only 24%. In 1965 the CEO-vs-worker pay ratio was 21:1.
Salt Lake Tribune
April 23, 2025
The IMF said the world is entering a new era and said the slowdown is due to the president’s unpredictable policies. However, the White House assured the country today that President Donald Trump’s “America First” agenda is working.
“It’s basically all about the uncertain tariff policy, and the very high new tariffs, and the trade war that they have ignited,” said Josh Bivens, EPI chief economist.
Hearst TV
April 23, 2025