Economy
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As Chair of the Joint Economic Committee, I will continue to aggressively push to address the serious economic crisis our country faces. The Committee will focus on the economic crisis and recession as they unfold, and will be actively involved with crafting our path to recovery.
The Joint Economic Committee, established under the Employment Act of 1946, was created by Congress to review economic conditions and to analyze the effectiveness of economic policy. As Chair, I am committed to providing an accurate and up to date picture of our economy by holding hearings and releasing reports that review crucial aspects of our nation’s economic policy. Each week, the JEC’s staff prepares the Weekly Economic Digest. The Digest tracks and analyzes the trends of key economic indicators, such as employment, productivity, inflation, retail sales, housing starts, and the financial markets. Members of Congress and others find the digest useful as a quick reference for recent statistics on the economy.
Legislation
03/09/95 - H.R.1183, Social Security Sanctions Reform Act [104th Congress]
08/06/93 - H.R.2698, Retroactive Income Tax Increase Prohibition Act [103rd Congress]
Links
More on Economy
WASHINGTON, DC – Rep. Carolyn Maloney (D-NY), senior member of the Joint Economic Committee, issued the following response to February’s jobs report,,,
WASHINGTON, DC – Rep. Carolyn Maloney (D-NY) today offered the following comments ahead of tomorrow’s jobs number release.
New York, NY – U.S. Rep. Carolyn Maloney, a senior member and former Chair of the House-Senate Joint Economic Committee, released the following statement on the Department of Labor report today that the economy added 200,000 jobs in December:
Washington, D.C. – Today, U.S. Rep. Carolyn Maloney (D-NY) joined Democratic Leader Nancy Pelosi and many of her House Democratic colleagues to urge Congressional Republicans to return to Washington and get to work on a range of issues that are vitally important for the American people, especially measures to spur job creation and extend for a full year the President’s payroll tax cut, expanded unemployment insurance coverage, and a Medicare “doc fix.” Republican Congressional leaders are keeping Congress out of session for nearly two more weeks and plan to have a limited number of session days this month.
New York, NY – U.S. Rep. Carolyn Maloney (D-NY) released the following statement today on the failure of the Congressional “supercommittee” on deficit reduction to reach a deal before the panel’s deadline this evening:
“My Democratic colleagues and I have long supported a balanced plan that would reduce the long-range deficit and strengthen our economic recovery. I had hoped for a deal that would have created budget stability for years to come -- but this deal needed to be fair and not consist overwhelmingly of cuts to programs that the most vulnerable Americans depend on, or are needed to help create jobs now,” Maloney said.
New York, NY – U.S. Rep. Carolyn Maloney today hailed the benefits for New York’s schools and transportation network that would be provided if the American Jobs Act (the balanced, bipartisan, and fully-paid-for job creation bill President Obama proposed earlier this month) is signed into law. The jobs bill (H.R. 12) was introduced in the House on Wednesday.
WASHINGTON, D.C. – U.S. Rep. Carolyn Maloney (D-NY), today applauded the approval by the U.S. Department of the Treasury of New York State’s Small Business Credit Initiative (SSBCI). The SSBCI program supports state-level lending to small businesses under the Small Business Jobs Act signed into law by President Obama last year.