Gross Domestic Product, 2nd quarter 2018 (third estimate); Corporate Profits, 2nd quarter 2018 (revised estimate)

Gross Domestic Product, 2nd quarter 2018 (third estimate); Corporate Profits, 2nd quarter 2018 (revised estimate)

Washington, DC…Real gross domestic product (GDP) increased at an annual rate of 4.2 percent in the second quarter of 2018 (table 1), according to the “third” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 percent. The GDP estimate released today is based on more complete source data […]

Judiciary Committee Releases Transcripts of Kavanaugh Interviews

Judiciary Committee Releases Transcripts of Kavanaugh Interviews

Washington, DC…The Senate Judiciary Committee today released the transcripts of two interviews committee investigators conducted with Judge Brett Kavanaugh following allegations published in recent news reports.  The first interview was conducted on Monday, September 17, 2018, one day after the Washington Post revealed Dr. Christine Blasey Ford’s identity.  Committee Democrats were invited but refused to take part […]

Governor Brown on Death of Sacramento County Sheriff’s Deputy

Governor Brown on Death of Sacramento County Sheriff’s Deputy

Sacramento, CA…Governor Edmund G. Brown Jr. on September 17th issued the following statement regarding the death of Sacramento County Sheriff’s Deputy Mark Stasyuk: “Anne and I extend our deepest condolences to Deputy Stasyuk’s family, loved ones and colleagues and ask all Californians to keep them in your thoughts during this difficult time.” Deputy Stasyuk, 27, […]

Governor Brown Closes Global Climate Action Summit: “We’re Launching Our Own Damn Satellite”

Governor Brown Closes Global Climate Action Summit: “We’re Launching Our Own Damn Satellite”

San Francisco, CA…In closing remarks at the Global Climate Action Summit, California Governor Edmund G. Brown Jr. announced that the State of California is teaming up with San Francisco-based Earth imaging company Planet Labs (Planet) to develop and eventually launch a satellite that will track climate change-causing pollutants with unprecedented precision and help the world […]

Household Income Rises to Highest Level Ever & Poverty Drops in Latest Data From the Census Bureau

Household Income Rises to Highest Level Ever & Poverty Drops in Latest Data From the Census Bureau

Washington, DC…The U.S. Census Bureau announced today that real median household income increased by 1.8 percent between 2016 and 2017, while the official poverty rate decreased 0.4 percentage points. At the same time, the number of people without health insurance coverage and the uninsured rate were not statistically different from 2016. Median household income in […]

Sanders, Khanna Introduce Bill to Get Billionaires Off Welfare

Sanders, Khanna Introduce Bill to Get Billionaires Off Welfare

Washington, DC…Bernie Sanders (I-Vt.) and Rep. Ro Khanna (D-Calif.) announced legislation Wednesday to give large, profitable corporations such as Amazon and Walmart a choice: pay workers a living wage or pay for the public assistance programs like Medicaid, food stamps and public housing its low-wage workers are forced to rely on. Low wages cost taxpayers […]