Expand the EITC, Expand Workers’ Livelihoods

By Yuqi Wang, Economic Policy Analyst, NCLR


The latest Census data on income and poverty is proof that hardworking Americans and targeted policy interventions can create profound economic change. In 2015, there were 3.5 million fewer Americans living in poverty. The Latino community, in particular, saw immense improvements in health and economic stability, including a rise in household income from $42,491 in 2014 to $45,148 in 2015.

One program that lifted 27.5 million working families above the poverty line in a single year is the Earned Income Tax Credit (EITC). It fights poverty by decreasing low- and moderate-income workers’ federal taxes and provides a refund when workers’ tax obligations fall below $0. The EITC is a critical infusion of cash for many hardworking families, helping them pay rent, put food on the table, and pay down debt.

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Why Vote?

At Carlos Rosario School, one of our Washington, DC Affiliates, staffers have been working hard to register as many new voters as they can in advance of the 2016 election. Earlier this week, we shared with you responses from one of those newly registered, Jennifer Zoeller. She is also a brand new citizen who will be casting her very first vote in a U.S. election next month!

Now, in a new video, our Affiliate has produced a brand new video highlighting why other new Americans will be voting next month. Watch the video and then let us know why you vote!

If you’re not registered yet, visit nclr.us/votercentral to get started today!

D.C. Circuit Court Attempts to Thwart Consumer Protections

 By Renato R. Rocha, Policy Analyst, Economic Policy Project, NCLR

CFPB_LogoLast week, the U.S. Court of Appeals for the DC circuit decided against the Consumer Financial Protection Bureau (CFPB), making it easier to remove the director, who serves as head of the Bureau. If the decision stands, it will undermine what the CFPB was created to do in the aftermath of the Great Recession—protect consumers—since the director could be removed by the president without cause.

A challenge to the director’s authority is a challenge to CFPB itself. Since the CFPB opened its doors five years ago, it has become clear that the Bureau is exactly what consumers needed, and consumers overwhelming support its work. The CFPB now has authority to regulate a range of industries that previously lacked transparency, including remittance transfers, credit cards, student loan servicing, and payday loans. In order for the Bureau to continue its essential work on behalf of families, the CFPB needs to remain autonomous.

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Professional Services Led Job Growth in September


The U.S. Department of Labor reported today that U.S. employers added 156,000 jobs in September 2016, down from 167,000 in the prior month. The national unemployment rate remained essentially unchanged at 5 percent. The Latino unemployment rate increased from 5.6 percent in August to 6.4 percent in September.

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