Economy

Legislation | Links | Press Releases

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

02/12/97 - H.RES.92, Expressing the sense of the House of Representatives that the Bureau of Labor Statistics alone should make any adjustments, if any are needed, to the methodology used to determine the Consumer Price Index [105th Congress]

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

Joint Economic Committee

New York State Division of Military and Naval Affairs

The National Guard Bureau

More on Economy

Sep 27, 2010 Press Release

WASHINGTON, DC – Rep. Carolyn Maloney (D-NY) hailed the signing of the Small Business Jobs Act today by President Obama. The final version of the bill was passed by the House last week after modifications by the Senate.

Sep 23, 2010 Press Release

WASHINGTON, DC – Rep. Carolyn Maloney (D-NY) offered the following remarks in support of the Small Business Jobs and Credit Act of 2010, H.R. 5297, which passed the House today.

Madam Speaker, the Small Business Jobs and Credit Act of 2010 (HR 5297) will strengthen our current economic recovery, by strengthening our small businesses.

This legislation is sorely needed to bolster our small firms, which have lagged their larger counterparts in recovering from the Great Recession.

Aug 10, 2010 Press Release
Washington, D.C. – Congresswoman Carolyn B. Maloney (D-NY) today hailed the House passage of the Education Jobs and Medicaid Assistance Act, which provides $10 billion in funding to create an Education Jobs Fund that is projected to save more than 161,000 teacher jobs nationwide. It also provides $16.1 billion in Medicaid assistance to the states that, by reducing state budget shortfalls and stimulating the economy, will save and create an additional 158,000 jobs and help prevent the layoffs of police officers and firefighters.
Aug 2, 2010 Press Release
Washington, D.C. – The U.S. manufacturing sector added jobs in each month in the first half of 2010, following more than two years of unrelenting employment losses. A new report released today by the U.S. Congress Joint Economic Committee (JEC) examines this rebound while emphasizing that targeted policies are warranted to support the fragile expansion of the manufacturing sector.
Jul 15, 2010 Press Release

WASHINGTON, D.C. – Rep. Carolyn Maloney (D-NY) issued the following statement applauding Senate passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act:

Jul 2, 2010 Press Release
Washington D.C. - Congresswoman Carolyn B. Maloney, Chair of the U.S. Congress Joint Economic Committee (JEC), released the following statement on the Bureau of Labor Statistics' June jobs report showing that the unemployment rate decreased to 9.5 percent and 125,00 total nonfarm jobs were lost:
Jul 1, 2010 Press Release
Madam Speaker,
I rise in strong support of H.R.5618, the Restoration of Emergency Unemployment Compensation Act. At a time of unprecedented unemployment, when 1 in 10 Americans have lost their jobs through no fault of their own, it is unconscionable that Republicans have blocked for months the extension of critical unemployment benefits that help individuals and their families make ends meet while they continue to search for work.
Jun 25, 2010 Press Release
WASHINGTON, DC – Rep. Carolyn Maloney (D-NY) today offered this statement following the final report of the Conference Committee early this morning. 

“This is a new day. Just over twelve months ago, President Obama called for major reforms as we were desperately trying to climb from the depths of the financial crisis. And today we've achieved the vast majority of his goals. He can attend the G20 meeting with a stronger hand to help lead the world out of this recession.
 
Jun 17, 2010 Press Release
New York, NY – According to data released by New York State’s Department of Labor today, 21,000 jobs were created in New York in the month of May, the fifth straight month of employment gains. The state’s unemployment rate dropped to 8.3% -- the lowest rate since April 2009. However, for the first time since December 2009, New York’s private sector did not experience employment gains.
May 28, 2010 Press Release
WASHINGTON, DC – Rep. Carolyn Maloney (D-NY) today voted to help create or save more than a million American jobs, provide working families with tax cuts, and close tax loopholes that reward companies for outsourcing American jobs.

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