Today, Demos proposed establishing a public credit registry, housed in the Consumer Financial Protection Bureau, as an essential part of a larger effort to reshape rules around debt and lending in order to reduce racial wealth inequality.
The marquee bill, which features improvements to voting, campaign finance, and ethics laws, addresses the deep political, racial, and economic inequalities that plague our democracy.
On Friday, February 15, Lew Daly, Senior Policy Analyst at Demos, testified in support of New York State’s Climate and Community Protection Act. Following is Daly’s statement on the bill:
New York State’s Climate and Community Protection Act (CCPA) is a bold and necessary climate action policy for the people of New York. It will establish the strongest mandate for economy-wide greenhouse gas emissions reductions in the country, requiring a 50 percent reduction by 2030 and set a timeline for achieving a 100 percent renewable energy economy by 2050.
Climate change poses an existential challenge to the planet. But the effects of climate change have fallen disproportionately on communities of color and working families. And the reality is that climate change has been accelerated by a coalition of corporations, donors, and policymakers who have adopted a willful blindness toward these dangers to our communities and our planet.
Yesterday, the U.S. House of Representatives voted on a package of rules that include a “pay-as-you-go” or “PAYGO” provision, which mandates that new spending be offset by matching cuts or increases in revenue. Demos supports efforts to eliminate PAYGO requirements in federal law.
Demos stands in strong support of H.R. 1, a visionary new bill that has the ability to transform our democracy by addressing some of the deep political, racial, and economic inequalities that have contributed to the current crisis of our democracy.
Demos strongly urges the Department of Homeland Security to withdraw the proposed rule to radically enlarge the list of criteria that will be used to decide whether an immigrant is likely to become a “public charge.”
Demos strongly condemns these anti-democratic actions. They are blatant attempts to thwart the electoral system, subvert the rule of law, and entrench minority rule.
Facebook’s decision to hire a right-wing consulting firm to plant false stories about Color of Change and others who dared to call out Facebook was a nefarious smokescreen to save themselves from well-deserved criticism about the online platform and its business practices.
Yesterday’s election results were a major step forward for inclusive, multi-racial democracy in America. The country voted in candidates who look like America: Sharice Davids and Deb Haaland, the first Native American congresswomen; Rashida Tlaib and Ilhan Omar, the first Muslim congresswomen; Ayanna Pressley, the first black member of Congress from Massachusetts; Jared Polis, the first openly gay governor; Alexandria Ocasio-Cortez, the youngest female member of Congress; and at least 98 women were elected to the House of Representatives.
Advocates and policymakers are frequently asked how they plan to pay for progressive policy investments. This memo provides guidance on how to respond.