Heather Boushey @hboushey46 Twitter profile | Pikagi

Pikagi

Heather Boushey

@hboushey46

9,401

Followers

1,042

Following

250

Media

3,323

Statuses

Member of the Council of Economic Advisers & Chief Economist for the President's Invest in America Cabinet, the White House

https://t.co/lBmY7j7m88

Joined February 2021

Don't wanna be here? Send us removal request.

Pinned Tweet

@hboushey46

Heather Boushey

1 year

@POTUS ’ Invest in America agenda invests in areas—like clean energy—where markets alone cannot deliver for our economic & national security. It’s designed to… -create good jobs -strengthen supply chains -support stable & lasting growth More here:

Tweet card media

Remarks by Heather Boushey on How President Biden’s Invest in America Agenda has Laid the Foundat...

Peterson Institute for International EconomicsConference on “Rethinking Fiscal Policy” Good afternoon. It is great to be here. Thank you to the conference organizers, Karen Dynan, Paolo Mauro, and...

www.whitehouse.gov

30

15

51

Last Seen Profiles

@shiorionesan

@annmrna

@karcheruk

@codyjbland

@mmendoza_GT

@magciesinski

@louiseminchin

@hijabjilbab1

@CornellPhysics

@BosEchon

@Vidadebohemia

@iastiz

@ran_outof_k

@nawabnabeel

@limecrisis

@manugamero

@lux_cache

@AnthonyPochic

@_pinnaclehockey

@re

@mutsuki_june

@comunidadBots

@hilalre1s

@6IXTH7ENSE

@stw_pdg

@walc_danie

@leaneland

@akramalamri1984

@Vicky_luvs8

@MissKoral

@netflix_in

@MissKoral

@laughvill

@ethereumsana

@MissKoral

@m_annarella

@hboushey46

Heather Boushey

3 years

Or, maybe this is the best line #JointAddress "My fellow Americans, trickle-down economics has never worked. It’s time to grow the economy from the bottom up and middle-out."

17

200

1K

@hboushey46

Heather Boushey

3 years

Headline inflation is up but we need to look under the hood to understand what's really going on--used cares, new cars, auto parts, and car rentals accounted for 60% of month-over-month price increases. W/o cars and pandemic-related services, June's monthly inflation was 0.2%

@WhiteHouseCEA

Council of Economic Advisers

3 years

Inflation as measured by CPI increased at a 5.4% rate year-over-year last month and 0.9% month-over-month. Core inflation—without food/energy—rose 4.5% year-over-year and 0.9% month-over-month. A large part of the increase is due to cars and pandemic-affected services. 1/

Tweet media one

21

174

511

66

417

884

@hboushey46

Heather Boushey

2 years

New York Times analysis indicates that states with abortion bans are among the *least supportive* for mothers and children, with: ➡️higher child poverty rates ➡️lower health insurance rates for women & children ➡️worse maternal & infant health outcomes 1/

Tweet card media

States With Abortion Bans Are Among Least Supportive for Mothers and Children (Published 2022)

They tend to have the weakest social services and the worst results in several categories of health and well-being.

www.nytimes.com

97

334

704

@hboushey46

Heather Boushey

2 years

The Biden-Harris Economic Blueprint outlines how @POTUS ’ economic agenda has enabled a strong & equitable recovery from the pandemic while building the foundation for long-term, sustainable economic growth. THREAD.

94

149

657

@hboushey46

Heather Boushey

2 years

Last week’s jobs report brought lots of good news (528k jobs!), but no detailed data on *energy* jobs. The latest U.S. Energy & Employment Report, however, shows strong growth in energy employment in 2021, highlighting the opportunity for @POTUS ’ climate agenda to create jobs.🧵

41

134

561

@hboushey46

Heather Boushey

7 months

To understand how @POTUS ’ Investing in America agenda is going, let's dig into three questions: 1) What did forecasters expect *before* IIA passed? 2) What did they forecast *after* it passed? 3) What has *actually* happened? A🧵on some initial answers to those questions. 1/

Tweet media one

11

185

467

@hboushey46

Heather Boushey

2 years

What do we mean when we say the Inflation Reduction Act would lower costs for families? THREAD. 1/

@hboushey46

Heather Boushey

2 years

Last night, Senate Democrats announced an agreement on the Inflation Reduction Act of 2022. This historic legislation would: 🌟bring down costs for families 🌟address the urgent climate crisis 🌟promote equity 🌟create good jobs Let's get this across the finish line!

3

30

70

75

144

412

@hboushey46

Heather Boushey

2 years

Since the Inflation Reduction Act was signed into law (less than 3 months ago!), roughly $28 billion in new manufacturing investment—and counting—has been announced, primarily in the electric vehicle, battery, and solar manufacturing sectors. 3/

Tweet card media

$28 Billion In New Clean Energy Manufacturing Investments Announced Since Inflation Reduction Act...

Roughly $28 billion in new clean energy manufacturing investments have been announced across the U.S. since the Inflation Reduction Act was signed, a trend that's just getting started.

21

215

404

@hboushey46

Heather Boushey

1 year

A new database launched last week by @WB_DOL @USDOL includes county-level child care prices across the U.S. and makes clear the unmanageably high costs of child care for American families – and the dire need for policy solutions. THREAD. 1/

20

177

386

@hboushey46

Heather Boushey

1 year

In honor of tonight’s State of the Union address, a reminder of the economic progress the Biden-Harris administration has made over the past two years building an economy from the bottom up and middle out. THREAD 1/

13

113

308

@hboushey46

Heather Boushey

1 year

I’ve talked a lot about the recent surge in manufacturing construction, but what does that mean for economic growth? In the first quarter of 2023, ONE FIFTH of GDP growth came from manufacturing construction spending. A thread about why Bidenomics matters for growth. 1/n

Tweet media one

7

116

302

@hboushey46

Heather Boushey

8 months

There’s a lot of talk about Bidenomics out there. But what is Bidenomics? And 2+ years in to the Administration, how is it going? A thread with figures—and maps! 1/

Tweet media one

9

106

281

@hboushey46

Heather Boushey

2 years

What a way to end the year and top off an-already impressive legislative session: Passage of the #OmnibusBill that will fund the government through most of 2023! What's in it? Lots of good stuff—including $ for care infrastructure ...🧵

14

75

279

@hboushey46

Heather Boushey

2 years

New data on the economy's overall output shows steady growth, on top of steady job gains and limited new applications for unemployment insurance. Combined with ongoing declines in gas prices, the data shows that the U.S. economy is moving in the right direction. #steadygrowth

@KateBerner46

Kate Berner

2 years

This is a good report. It means the economy is transition to this steady growth that we want to see @hboushey46 on this morning's GDP report

39

226

502

11

118

258

@hboushey46

Heather Boushey

2 years

An article in today’s NYTimes highlights the paradigm shift behind @POTUS ’ Inflation Reduction Act, which meets the immense & growing damages of climate change with a reinvestment in the American economy, and the industries and jobs of the future. THREAD.

Tweet card media

Pace of Climate Change Sends Economists Back to Drawing Board (Published 2022)

They underestimated the impact of global warming, and their preferred policy solution floundered in the United States.

www.nytimes.com

32

87

241

@hboushey46

Heather Boushey

1 year

Two years ago, on June 8, 2021, the White House released its 100-day supply chain review. Today, critical supply chains are stronger and more resilient—and in the latest data, the NY Fed’s Global Supply Chain Pressure Index was at its lowest level on record. A thread. 1/

Tweet media one

5

95

237

@hboushey46

Heather Boushey

11 months

This week marks the one-year anniversary of the CHIPS and Science Act—a historic investment that builds domestic semiconductor supply chains, strengthens our STEM workforce, and fosters national and economic security. Here’s an update on progress over the past year … 🧵

Tweet media one

7

66

223

@hboushey46

Heather Boushey

1 year

I am saddened to learn that last night, Bill Spriggs passed away. Chief Economist to the AFL-CIO and a professor at Howard University, Bill dedicated his life to understanding and deconstructing institutions of inequality. He was an excellent researcher, colleague, and friend. 1/

6

49

221

@hboushey46

Heather Boushey

1 year

Today @POTUS announced the most comprehensive set of executive actions in history to improve care for hard-working families while supporting care workers and family caregivers. THREAD/

Tweet media one

4

61

197

@hboushey46

Heather Boushey

1 year

Last week, @POTUS approved the *largest-ever* U.S. offshore wind project. Coming online in 2025, it will provide green energy to an estimated 380,000 homes. This is what building the clean energy economy looks like.

Tweet card media

Biden approves largest wind project yet off U.S. shores

Ocean Wind 1, which could power hundreds of thousands of New Jersey homes, is the Biden administration's third approval of a large offshore wind energy project.

www.washingtonpost.com

12

30

188

@hboushey46

Heather Boushey

1 year

Our strong labor market is *reducing inequality*. A new working paper finds that in 2021 and 2022, rapid wage growth reversed more than 25% of the increase in inequality (measured by the gap between the 90th and 10th income percentile) from 1979 to 2019.

Tweet media one

6

54

185

@hboushey46

Heather Boushey

1 year

Missing all my friends and colleagues who are at the annual economics conference this weekend #ASSA2023 ! In honor of all things economic, here's a thread on the **remarkably strong** economic recovery. There's lots of pictures so enjoy the views ...

61

48

177

@hboushey46

Heather Boushey

3 years

Hey folks, check out how the United States is projected to now have long-term economic growth higher than pre-pandemic. #BuildBackBetter

Tweet media one

11

46

174

@hboushey46

Heather Boushey

1 year

This morning we learned that in December, the economy added 223,000 jobs, the labor force participation rate ticked up, and the unemployment rate ticked back down to 3.5%, the lowest rate in over 50 years. A thread with some reflections on the labor market in 2022… 1/

4

55

167

@hboushey46

Heather Boushey

7 months

Since the Inflation Reduction Act passed: 🌟81% of announced clean investments have been for projects in counties with below-average weekly wages 🌟86% of clean investments are in counties with below-average college graduation rates ... 1/2

@USTreasury

Treasury Department

7 months

Treasury’s new analysis on the impact of the Inflation Reduction Act shows how the law is driving clean energy investment to communities that have been left behind and at the forefront of fossil fuel production.

45

90

187

11

63

170

@hboushey46

Heather Boushey

1 year

It’s been an honor to work with @WHCOS ! There were tough days, but Ron’s vision was always clear: Securing legislative wins and effective implementation that put our economy on stronger, sustainable, more resilient path. A great leader. A true American hero.

3

15

156

@hboushey46

Heather Boushey

1 year

New analysis from the folks over at the FT finds that US manufacturing investment doubles after Biden subsidies launched

Tweet card media

US manufacturing commitments double after Biden subsidies launched

Companies plan to spend over $200bn on clean technology and semiconductors following IRA and Chips Act

3

72

159

@hboushey46

Heather Boushey

2 years

"In under two years in office, President Biden has done more for places like Guthrie County and other parts of rural America than Mr. Trump ever did. The rural economy is stronger, wages are higher and infrastructure projects are popping up all over."

10

43

156

@hboushey46

Heather Boushey

11 months

Much of the growth in manufacturing construction is driven by a boom in construction for electronics manufacturing, which reached $101B (2022 $) in June 2023, representing 56% of all manufacturing construction spending that month & a more than 10X increase since POTUS took office

Tweet media one

9

52

157

@hboushey46

Heather Boushey

3 years

New data: People across the United States are spending money on services at the same level as they were pre-pandemic.

@WhiteHouseCEA

Council of Economic Advisers

3 years

Nominal spending on goods increased, but increased even faster for spending on services, reflecting a reopening economy. Spending on services is back at its pre-pandemic level for the first time. 3/

1

13

19

8

49

139

@hboushey46

Heather Boushey

3 years

Quoting @POTUS : "The federal government owns an enormous fleet of vehicles, which we are going to transition to clean, electric vehicles made right here in America by American workers." #AmericanJobsPlan

10

16

144

@hboushey46

Heather Boushey

2 years

"Capitalism without competition isn’t capitalism. It’s exploitation—and it drives up prices. When corporations don’t have to compete, their profits go up, your prices go up, and small businesses and family farmers and ranchers go under." #SOTU2022

3

34

141

@hboushey46

Heather Boushey

1 year

Inflation-adjusted spending on manufacturing construction has nearly *doubled* since mid-2022, and now sits at a 2+ decade high. #Bidenomics in action: @USTreasury blog unpacks the recent spike in U.S. manufacturing construction spending: ⬇️🧵

Tweet media one

7

61

136

@hboushey46

Heather Boushey

3 years

And, in case you hadn't heard, "the American Families Plan will finally provide up to 12 weeks of paid family and medical leave. No one should have to choose between a job and paycheck or taking care of themselves and a loved one – a parent, spouse, or child."

2

36

134

@hboushey46

Heather Boushey

1 year

Yesterday at the annual meeting of the World Economic Forum, the Biden Administration unveiled the U.S. strategy to include natural capital in our national accounting. What is natural capital and why is this plan needed? A thread 🧵 1/

Tweet card media

Fact Sheet: Biden-Harris Administration Releases National Strategy to Put Nature on the Nation’s...

Today, the Biden-Harris Administration released the final National Strategy to Develop Statistics for Environmental-Economic Decisions, a historic roadmap that will kick off a multi-year effort to...

www.whitehouse.gov

4

58

136

@hboushey46

Heather Boushey

1 year

Good news: Congratulations @econjared46 ! I look forward to getting to continue to get to work together @WhiteHouseCEA !

@DSenFloor

U.S. Senate Majority Floor Updates

1 year

CONFIRMED: Jared Bernstein to be Chairman of the Council of Economic Advisers @WhiteHouseCEA By a vote of 50-49.

3

39

143

1

19

132

@hboushey46

Heather Boushey

11 months

Today, in celebration of the 1-year anniversary of the Inflation Reduction Act, we have released a new Economic Brief outlining the economics of *how* we're using public investment to crowd in private investment to build a clean energy economy.🧵

Tweet media one

4

61

129

@hboushey46

Heather Boushey

6 months

This Admin is keenly aware of the need to reimagine the intersection of climate & economic modeling to support near-term decision-making. Today, the CEA, OMB, and Treasury released a Memo that will help us do so. This is a Big Deal. 1/

8

40

130

@hboushey46

Heather Boushey

1 year

New data released earlier this week provide further insight into the recent surge in manufacturing construction spending, which continues to grow and now sits at a *6+ decade high*—we’re making things in America again. A quick thread on this growth:

Tweet media one

2

38

126

@hboushey46

Heather Boushey

9 months

New data released this morning provide more evidence that Bidenomics is working. In the first half of 2023, manufacturing construction contributed *the most* to real GDP growth of *any six months on record* (with data back to 1958).

Tweet media one

21

62

125

@hboushey46

Heather Boushey

2 years

To address high gas prices, @POTUS has released unprecedented amounts from the Strategic Petroleum Reserve. NEW: Replenishing the Reserve may now be via contracts w/ agreed-upon future price, giving sellers greater certainty & supporting stable supply.

Tweet card media

FACT SHEET: Department of Energy Releases New Notice of Sale as Gasoline Prices Continue to Fall |...

Treasury Department Estimates that Strategic Petroleum Reserve Releases by President Biden and International Partners Reduced the Price of Gasoline by up to 40 Cents Per Gallon Today, the Biden...

www.whitehouse.gov

5

29

111

@hboushey46

Heather Boushey

1 year

@WHCOS That's because @POTUS has had a great @WHCOS making sure that creating jobs as we recovered from the pandemic wasn't left to chance, showing us all what it looks like to build an economy from the bottom & middle out!

118

11

112

@hboushey46

Heather Boushey

2 years

A new NBER Working Paper studies the effects of child care policies--like those proposed by @POTUS --and finds that they would: 👍reduce out-of-pocket care costs 👍increase care quality 👍enable women to enter the labor force A 🧵 1/

4

37

106

@hboushey46

Heather Boushey

3 years

Walked the dog this morning without a mask. Felt really weird. And very, very good. 😷➡️😎+🐩

@nytimes

The New York Times

3 years

Vaccinated people in the U.S. no longer need to wear masks outdoors in small groups, when biking or running alone and when dining outside, the CDC said.

Tweet media one

154

685

2K

16

6

102

@hboushey46

Heather Boushey

1 year

Enjoying an everything bagel at the office this morning! Thank you ⁦ @WHCOS ⁩!

Tweet media one

8

2

99

@hboushey46

Heather Boushey

1 year

This year--for the first time--global investments in solar power are expected to *exceed* oil production investment. 1/2

Tweet media one

5

37

97

@hboushey46

Heather Boushey

1 year

Bidenomics is economic change that is government enabled and private sector led. @ENERGY ’s Loan Programs Office is making important investments in companies on the leading edge of manufacturing batteries, clean hydrogen, and more (TY @JigarShahDC & team!)

Tweet card media

Joe Biden’s $400 Billion Man

Jigar Shah, who runs the Energy Department’s loan program, is trying to hand out a lot of money for green-technology projects, while navigating an unforgiving political environment.

11

31

98

@hboushey46

Heather Boushey

9 months

Last week, we learned that in August, real spending on the construction of manufacturing facilities hit a record high! A thread on what is happening with manufacturing and why manufacturing matters for our economy. 1/

Tweet media one

5

36

98

@hboushey46

Heather Boushey

1 year

A new website for the investing in America agenda, released today, shows that since @POTUS took office, private companies have announced over $470B in manufacturing & clean energy investments & the Admin has awarded over $220B in infrastructure funding. 1/

Tweet card media

Investing In America | The White House

For decades, the U.S. exported jobs and imported products, while other countries surpassed us in critical sectors like infrastructure, clean energy, semiconductors, and biotechnology. Thanks to...

www.whitehouse.gov

4

39

86

@hboushey46

Heather Boushey

2 years

Building a better economy begins by taxing billionaires.

@amyhanauer

Amy Hanauer

2 years

What if some parts of the next economic package are actually BETTER than what was in Build Back Better? Biden is likely to unveil his new billionaire's minimum income tax proposal tomorrow. Excellent weekend news.

1

6

24

1

17

86

@hboushey46

Heather Boushey

10 months

Bidenomics. A record 19 months of the unemployment rate below 4%. Labor force participation up. Steady job gains.

@WhiteHouseCEA

Council of Economic Advisers

10 months

Today’s employment report shows the U.S. economy added 187,000 jobs in August, slightly above expectations. The average monthly gain over the past 3 months is now 150,000. For context, 100,000 jobs a month is roughly consistent with steady unemployment & participation rates. 1/

Tweet media one

4

26

47

7

37

88

@hboushey46

Heather Boushey

1 year

Today marks the 30th anniversary of President Clinton signing the Family and Medical Leave Act into law, the *FIRST* bill he signed as POTUS. It is the foundational piece of a policy agenda to support workers and their families. A thread ... (photo at end!)

3

25

86

@hboushey46

Heather Boushey

2 months

Recently, I visited Tucson, AZ, where I got to see the President’s economic plans in action. What’s happening in Arizona is a testament of how @POTUS ’s transformative agenda is taking place all across the country. A🧵 1/

Tweet media one

2

34

88

@hboushey46

Heather Boushey

3 years

"I meant what I said when I ran," @POTUS said today in his press conference. He said he ran to "rebuild the backbone of this county, the middle class, hard working people, people struggling to get in the middle class. They built America. And unions built them."

3

17

82

@hboushey46

Heather Boushey

3 years

A few posts on what I’m *actually* reading this morning: “An analysis by Columbia University researchers of Biden’s proposal found it would cut the number of children in poverty by as much as 54 percent, the equivalent of 5 million children ... “ 1/3

Tweet card media

Senior Democrats to unveil $3,000-per-child benefit as Biden stimulus gains steam

Democrats are aiming to include a major antipoverty provision in their relief package.

www.washingtonpost.com

5

23

83

@hboushey46

Heather Boushey

1 year

Data this week shows pace of inflation continues to slow. One detail: Inflation for manufacturing & construction inputs is now below pre-pandemic. As we implement on our Investing in America agenda, that means lower costs for investments in clean energy, semiconductors, & more.

Tweet media one

3

32

81

@hboushey46

Heather Boushey

3 months

“Care workers represent the best of America” @POTUS

Tweet media one

0

17

81

@hboushey46

Heather Boushey

7 months

These data suggest that implementation of the Investing in America agenda is thus far exceeding our goals. We’ll keep tracking these indicators as new data come out. /END

1

18

79

@hboushey46

Heather Boushey

2 years

This morning we found out that in June, the economy gained 372k jobs, the unemployment rate stayed constant, and the labor force participation rate ticked down. Below, a few details from the jobs report that I found particularly interesting. 1/

Tweet card media

The Employment Situation in June | CEA | The White House

Today’s jobs report shows that the economy added 372,000 jobs in June, for an average monthly gain of 375,000 over the past three months. The number of jobs added in June came in well above market...

www.whitehouse.gov

28

32

74

@hboushey46

Heather Boushey

3 years

This is the content I’m here for! 🤩🤩🤩

@POTUS

President Biden

3 years

Let me be clear: No one should have to choose between a paycheck and taking care of themselves or their loved ones. The American Families Plan will finally provide up to 12 weeks of paid family and medical leave for every American.

3K

9K

86K

1

12

72

@hboushey46

Heather Boushey

3 years

This is important to remember

@JustinWolfers

Justin Wolfers

3 years

Some context on how Biden plans to fund his infrastructure package.

Tweet media one

109

3K

12K

0

31

74

@hboushey46

Heather Boushey

2 years

Last night, Senate Democrats announced an agreement on the Inflation Reduction Act of 2022. This historic legislation would: 🌟bring down costs for families 🌟address the urgent climate crisis 🌟promote equity 🌟create good jobs Let's get this across the finish line!

@POTUS

President Biden

2 years

Tune in as I deliver remarks on the Inflation Reduction Act of 2022.

1K

817

4K

3

30

70

@hboushey46

Heather Boushey

7 months

SECOND: Investing in American manufacturing of critical goods. Forecasters expected that Investing in America would support increased (inflation-adjusted) investment in manufacturing structures. The actual increase has exceeded their expectations. 5/

Tweet media one

1

16

70

@hboushey46

Heather Boushey

7 months

FIRST: Producing affordable clean energy. According to data from the U.S. Energy Information Administration, planned clean electricity generating capacity additions are considerably higher now than before Investing in America. 3/

Tweet media one

1

11

70

@hboushey46

Heather Boushey

3 years

👀 New study out showing just how much money the richest Americans are hiding from the IRS @washingtonpost

Tweet media one

2

26

70

@hboushey46

Heather Boushey

2 years

#Bidenboom trending. Yep.

2

4

64

@hboushey46

Heather Boushey

2 months

Exciting to see the President’s economic agenda playing out in places all across the country—including in Racine, WI. Investing in America means making public investments that will encourage private sector investments—which is what we see here.

@POTUS

President Biden

2 months

I'm proud to announce that Microsoft is investing $3.3 billion to build a new datacenter in Racine that will operate some of the most powerful Artificial Intelligence systems in the world. That's 2,300 union jobs to build the center. And 2,000 permanent jobs in total.

Tweet media one

4K

5K

19K

5

32

68

@hboushey46

Heather Boushey

3 years

Thank you @AliVelshi for having me on this morning to discuss the #BuildBackBetter Act! I enjoyed talking through the details about how this plan lays down tracks for a greener, more resilient economy, one that grows from the bottom up & middle out, & rewards work, not wealth.

@AliVelshi

Ali Velshi

3 years

What’s the opportunity cost of leaving major socio-economic initiatives out of the #buildbackbetter plan? Heather @hboushey46 of the @WhiteHouseCEA , joins me 8aET to discuss how America ends up providing services to those in need, on part with other developed nations. #velshi

5

9

46

1

14

63

@hboushey46

Heather Boushey

3 years

Today @POTUS is signing an Executive Order to call on all the parts of the federal government to focus on ensuring markets are open & competitive. That’s good economics. Especially since it includes making sure employers don’t have undue power over workers.

@WhiteHouseCEA

Council of Economic Advisers

3 years

In a blogpost, CEA analyzes the United States' trends toward market concentration, the negative consequences of greater concentration, and the need for robust policy change as a result. 1/

5

107

252

0

24

67

@hboushey46

Heather Boushey

3 years

No doubt! Note that it says the plan will "automatically adjust the length and amount of UI benefits unemployed workers receive depending on economic conditions." Eager to hear folks on here debate the ins and outs of their favorite triggers!

8

7

66

@hboushey46

Heather Boushey

2 years

Never underestimate Joe Biden.

5

8

64

@hboushey46

Heather Boushey

2 years

Unemployment down to 3.9% & millions of families back to having a breadwinner, outcomes that are years ahead of prior expectations. That’s “a policy triumph,” says Nobel Laureate ⁦ @paulkrugman ⁩

Tweet card media

Opinion | The Secret Triumph of Economic Policy (Published 2022)

Why Covid-19 cost us fewer jobs than the dot-com bust.

www.nytimes.com

6

20

64

@hboushey46

Heather Boushey

2 years

The smile of @SecGranholm as @potus talks about electric vehicles. Priceless. #SOTU2022

1

7

66

@hboushey46

Heather Boushey

2 years

The Inflation Reduction Act would make prescription drugs cheaper by allowing Medicare to negotiate lower prices (saving the government *and* households money). 3/

3

17

60

@hboushey46

Heather Boushey

2 years

It would lower health insurance costs for 13 million Americans by an average of $800 a year under the Affordable Care Act, and for Medicare participants, the law would cap out-of-pocket drug costs at $2,000 a year. 4/

1

12

59

@hboushey46

Heather Boushey

1 year

Today, the Council of Economic Advisers and the Office of Management and Budget released a joint white paper describing how we are thinking about integrating climate risks into the economic assumptions of the President’s Budget. Some background: 1/

2

21

63

@hboushey46

Heather Boushey

2 years

Of course, the President understands that some families need help with the energy costs they have right now. This is why earlier this year, among other steps, the White House announced record funding for the Low Income Home Energy Assistance Program. 12/

Tweet card media

White House Announces Additional Actions to Help Families Afford Energy Bills, Building on Historic...

On National Energy Assistance Day, White House Coordinates Outreach and Encourages Families to Enroll in Assistance Programs The White House is joining states, localities, advocacy groups, and...

www.whitehouse.gov

1

13

57

@hboushey46

Heather Boushey

1 year

How can we build lasting economic growth & address decades of rising inequality? Today, we released a brief with the National Economic Council on the economic evidence for Investing in America. Why what we invest in & how we invest matters ...🧵1/

Tweet media one

10

27

65

@hboushey46

Heather Boushey

3 years

New CEA & OMB report shows that families in the bottom 60% of the income distribution spend @ 75 to 80% of their budgets on necessities, so they are more exposed when prices for essentials -- like child care -- rise ⬇️⬇️⬇️

@WhiteHouseCEA

Council of Economic Advisers

3 years

Today, CEA and OMB released a joint issue brief examining some of the longer-run dynamics around the costs that U.S. families face. 1/

2

18

35

6

35

57

@hboushey46

Heather Boushey

3 years

Wow Wow Wow Wow Wow. What a flood of emotion. This is good news for where our economy is headed. 2020 was really tough year. Help is on the way.

@NBCPolitics

NBC Politics

3 years

BREAKING: House passes $1.9T Covid relief bill that includes $1,400 checks, $300/wk jobless benefits, child allowance of up to $3,600 for one year, $125B for K-12 schools, $30B for public transit, $25B for rental assistance, $14B for vaccine distribution.

Tweet media one

635

4K

8K

5

11

62

@hboushey46

Heather Boushey

2 years

This bill tackles those energy costs in two key ways. First, it helps enhance U.S. energy security by investing in clean electricity generation here in the United States, with tax credits and rebates for renewable technologies like solar panels and wind turbines. 6/

2

14

57

@hboushey46

Heather Boushey

2 years

Second, the bill also has provisions to lower costs for households to ease the transition to clean energy. For example, it includes a $10,000 direct consumer rebate that returns money to families when they buy heat pumps or other high-efficiency heating & cooling appliances. 8/

1

12

55

@hboushey46

Heather Boushey

2 years

The Inflation Reduction Act would help families save money on key expenses. Take prescription drugs: Americans spend *more than* people in any other OECD country on pharmaceuticals including prescription drugs. 2/

1

11

55

@hboushey46

Heather Boushey

3 years

Gotta read the whole piece (1/2): "Clean energy spending created nearly a million jobs between 2013 and 2017, according to a 2020 paper published by the National Bureau of Economic Research.

1

23

61

@hboushey46

Heather Boushey

3 years

It’s research like this that has convinced me that investing in the care economy is fundamental to shoring up our nation’s infrastructure

@martha_j_bailey

Martha Bailey

@martha_j_bailey

3 years

Very excited about our paper documenting large effects of Head Start in the long run.👇👇👇

1

37

207

2

12

60

@hboushey46

Heather Boushey

1 year

In June, the economy added 209,000 jobs and the unemployment rate ticked down to 3.6%. As the CEA blog points out, this job growth is *above normal growth* at this point in the expansion—yet another sign of the success of #Bidenomics . Read more⬇️

Tweet media one

2

22

61

@hboushey46

Heather Boushey

3 years

Good news: The number of people filing for unemployment insurance has -- FINALLY -- dipped below its pre-pandemic peak. We shouldn't make too much out of any one-week data point, but after 52 weeks in a row of being above the previous record high, I'm happy this streak is broken!

1

10

59

@hboushey46

Heather Boushey

2 years

Together, all of these pieces add up to hundreds of dollars each year in savings for American households. /END

8

12

53

@hboushey46

Heather Boushey

2 months

On the UAW win today in Tennessee: “Together, these union wins have helped raise wages and demonstrate once again that the middle-class built America and that unions are still building and expanding the middle class for all workers.” ⁦ @POTUS ⁩

Tweet card media

Statement from President Joe Biden on UAW Vote in Tennessee | The White House

Congratulations to the workers at Volkswagen in Chattanooga, Tennessee, on their historic vote for union representation with the United Auto Workers. I was proud to stand alongside auto workers in...

www.whitehouse.gov

1

26

61

@hboushey46

Heather Boushey

2 years

And, for rooftop solar or more efficient windows, the legislation provides a 30% credit. Families that install rooftop solar would save $7,500 on the average system and see their electricity bills lowered by $9,000 over the life of the system. 10/

President Biden’s Agenda for Building a Better America Will Lower Energy Costs for Working Families

From Day One, the Biden Administration has prioritized lowering costs for working families, addressing the climate crisis, increasing our energy independence, and boosting our competitiveness in the...

1

12

54

@hboushey46

Heather Boushey

2 years

Today is Equal Pay Day, a day that represents how far into 2022 the average American woman has to work--ON TOP OF her work in 2021--to earn what the average man did in 2021. To recognize this day, we wanted to dig into what the pay gap is and where it comes from. 1/

3

26

56

@hboushey46

Heather Boushey

7 months

The Investing in America agenda was designed to produce affordable, clean energy and enable American manufacturing of critical goods. We’ve been tracking indicators that pertain to both of these goals. 2/

1

8

59

@hboushey46

Heather Boushey

8 months

Inflation-adjusted construction of manufacturing facilities has nearly doubled since January 2021, reaching its highest level on record (data go back to 1964). 11/

Tweet media one

1

21

59

@hboushey46

Heather Boushey

3 years

Why do we have low interest rates? High inequality, according to a new #mustread paper by ⁦ @AtifRMian ⁩ ⁦ @profsufi ⁩ ⁦ @ludwigstraub ⁩ h/t ⁦ @Neil_Irwin ⁩

Tweet card media

Some Say Low Interest Rates Cause Inequality. What if It’s the Reverse? (Published 2021)

With an increasing share of the world’s wealth in the hands of its top earners, a savings glut is pushing asset prices up and interest rates down.

www.nytimes.com

7

19

56

@hboushey46

Heather Boushey

2 years

Over 150,000 childcare providers, serving more than 5 million children, have received childcare stabilization payments through the American Rescue Plan. These payments have helped address the urgent care crisis of the COVID-19 pandemic, but *more is needed to support families* 1/

3

24

58

@hboushey46

Heather Boushey

3 years

NEW DATA show bigger Child Tax Credit reduces hunger: Researchers conclude, "Even with imperfect coverage ... our findings suggest that the first CTC payments were largely effective at reducing food insufficiency among low-income families with children."

Tweet card media

The Initial Effects of the Expanded Child Tax Credit on Material Hardship

1

19

56

@hboushey46

Heather Boushey

2 years

In recent weeks, we’ve seen the average gasoline price in the U.S. decline more than 30 cents, saving Americans millions every day. But the Administration is looking ahead and taking steps to reduce the cost of driving in the years to come. 1/

2

32

54

@hboushey46

Heather Boushey

2 years

Economic research suggests that renewable energy sources can push down wholesale electricity prices, reducing costs for households and industries. 7/

1

12

50

@hboushey46

Heather Boushey

7 months

The EIA has raised its estimates for renewable energy production since the Investing in America agenda passed. As more data on renewable energy production comes out, we’ll be able to assess how reality compares to these projections. 4/

Tweet media one

1

9

57

@hboushey46

Heather Boushey

2 years

Savoring the moment we took a big leap towards addressing climate change. Proud as heck to serve in the Biden-Harris administration.

@WhiteHouse

The White House

2 years

Statement by President Biden on Senate passage of the Inflation Reduction Act:

Tweet media one

480

2K

8K

3

8

52