Follow along with @equitablegrowth as we tweet key highlights from @HBoushey's testimony. Tune in at 3 pm ET! https://twitter.com/JECDems/status/1288883073128566789

The most important economic uncertainty facing your constituents and our nation is: When will the administration and Congress address the public health crisis caused by the #coronavirus pandemic? — @HBoushey to Chair @SenMikeLee and Vice Chair @RepDonBeyer

Compared to the European Union, we now record 10x as many daily #COVID cases and deaths. This failure is the result of a series of decisions made by this Administration. — @HBoushey

It is also the result of decisions made over the past 50 years that have created underlying fragilities in our economy and society.

These decisions have made our economy less effective in good times, and less resilient to shocks.

We have put ideology over evidence— @HBoushey

We have put our faith in the idea that markets can do the work of governing.

Now we see the results. — @HBoushey

What is uncertain is whether the Senate will finally renew the $600 increase in weekly #unemploymentbenefits it allowed to effectively expire.

Over 11% of the workforce is unemployed.

The unemployment rate for Black Americans is over 15% and over 14% for Latinos. — @HBoushey

Failure to #extendthe600 boost would contract GDP by 2.5% in the second half of this year. This would devastate local economies. States where #unemploymentbenefits replace a greater percent of workers’ wages have had the strongest recovery https://equitablegrowth.org/factsheet-unemployment-insurance-and-why-the-effect-of-work-disincentives-is-greatly-overstated-amid-the-coronavirus-recession/

Other priorities, @HBoushey tells @JECDems include:

food assistance, rental assistance and extension of the eviction moratorium, direct payments,
investments in communities of color hit so hard by the virus,
funding to ensure safe and secure elections in Nov.