New report eyes statehood as a financial issue
The lack of DC statehood means a loss of up to $3.2 billion annually in potential revenue, according to the estimate developed by the DC Fiscal Policy Institute in a new analysis released this morning.
The lack of DC statehood means a loss of up to $3.2 billion annually in potential revenue, according to the estimate developed by the DC Fiscal Policy Institute in a new analysis released this morning.
As Congress continues to debate the debt ceiling, DC faces high costs due to its lack of statehood: in addition to lacking votes in Congress, analysis shows that our taxation without representation leads to $3.2 billion (!!!) in foregone revenue.
More than a third of the city’s child-care workers live in poverty, according to the DC Fiscal Policy Institute, and Marshall hated that her employees were among them.
“The short of it is the question of economic policy. In our society, housing is a commodity and not treated as a basic human right,” said Golding, an affordable housing and workforce development policy analyst with the DC Fiscal Policy Institute.
“The chairman is right in wanting stability, but I think there was a missed opportunity to do more engagement with [D.C. Public Schools], the executive, the community,” said Qubilah Huddleston, a senior policy analyst at the D.C. Fiscal Policy Institute.
Kate Coventry, senior policy analyst at the DC Fiscal Policy Institute and voting member of ICH, said staff vacancies — which have since been filled — contributed to the plan’s delay. But she said that the city is still able to provide services before […]
Unemployment among Black residents in the District was up slightly in the first quarter of 2022 compared with a year earlier, and is more than seven times that of white workers.
Washington, D.C., followed suit this year and is expanding its credit to match the federal amount by tax year 2026, something no state has done.
According to the D.C. Fiscal Policy Institute, early childhood educators, who are predominantly Black and brown, earn a median annual income of approximately $31,950 — barely above minimum wage.