OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Close Gap Between "Haves,' "Have Nots'

Press Release

Date: May 5, 2014
Issues: Unemployed and Low-Income Entitlements and the Safety Net

BREAK IN TRANSCRIPT

"If we don't work to close the racial wealth gap, it will ultimately lead to the American economic gap causing our economy to fall behind China," said U.S. Rep. Marcia Fudge, D-Ohio, chair of the Congressional Black Caucus. "If the fastest growing communities in our country are not afforded the same economic and educational opportunities to participate in our economy, how can we continue to compete in the world?"

Fudge, supports reallocating 10 percent of all government monies into 400 poverty-stricken counties across the U.S. Recommendations in the report include:

-Congressional passage of living-wage policies
-Transparent mortgage-relief programs
-Expansion of the Social Security cap on taxable wages so that high-wage employees can contribute more

BREAK IN TRANSCRIPT


Source
arrow_upward