NEW JEC ANALYSIS: AMERICAN FAMILIES ARE SPENDING TWICE AS MUCH ON HOUSEHOLD BASICS THAN EIGHT YEARS AGO, BUT INCOMES ARE STAGNANT
September 16, 2008
September 16, 2008
WASHINGTON, Sept. 16 -- The House-Senate Joint Economic Committee issued the following news release:
Senator Charles E. Schumer, Chairman of the Joint Economic Committee (JEC), along with Rep. Carolyn B. Maloney, JEC Vice Chair, and Rep. Rahm Emanuel, Chairman of the House Democratic Caucus, released a new JEC analysis showing that families are spending twice as much on household expenses than they did in 2000, even though incomes were stagnant. The lawmakers released this new JEC . . .
Senator Charles E. Schumer, Chairman of the Joint Economic Committee (JEC), along with Rep. Carolyn B. Maloney, JEC Vice Chair, and Rep. Rahm Emanuel, Chairman of the House Democratic Caucus, released a new JEC analysis showing that families are spending twice as much on household expenses than they did in 2000, even though incomes were stagnant. The lawmakers released this new JEC . . .