Jobs and Income New Payday-Lending Rule Could be Helpful in Maine The new rules require payday lenders to start verifying a borrower’s ability to repay a loan before rolling it over into a new loan. Maine already has […] Public News Service Posted October 11, 2017 Tags Consumer Protection, Federal
Maine’s Economy CFPB takes first step with new federal payday lending rule, but Maine must be on guard Just yesterday, the federal Consumer Financial Protection Bureau (CFPB) released a new rule that will reduce the harm to Maine families of short-term payday lending. But the […] Jody Harris Posted October 6, 2017 Tags Consumer Protection
Health Care Medicaid expansion – on Maine’s November ballot – divides business groups The Maine Center for Economic Policy, a left-leaning economic think tank, has estimated that 3,000 new jobs would be created in Maine if Medicaid were expanded. […] Portland Press Herald Posted October 3, 2017 Tags Health Care, Medicaid
Jobs and Income SNAP turns 40: Providing sustenance for working poor families Friday, September 29 marks the 40th anniversary of the 1977 Food Stamp Act, the landmark law that established the nation’s modern anti-hunger program—as it’s now known, the […] Jody Harris Posted September 29, 2017 Tags Food Insecurity, SNAP
Education New program aims to educate about race The Maine Center for Economic Policy found in 2014 that blacks and African Americans in Maine have some of the highest rates of poverty in the country. […] Portland Press Herald Posted September 29, 2017 Tags Education, Inequality, Racial Equity
Health Care, Jobs and Income Decline in health tied to decline in workforce People of prime working age have dropped out of the workforce at levels not previously seen by labor economists, especially outside greater Portland. According to a forthcoming study by […] Sun Journal Posted September 4, 2017 Tags Health Care, Jobs
Education Maine lawmakers need to protect student loan borrowers A new report from the federal Consumer Financial Protection Bureau (CFPB) highlights another way that the very companies that are supposed to be helping Maine student loan […] Jody Harris Posted June 23, 2017 Tags Consumer Protection, Higher Education, Student Debt
Jobs and Income Testimony in Opposition to: LD 774, 775, 778, 831, 971, 991, 1005 The potential benefits of the recent minimum wage increase could be jeopardized for workers, families, children, and seniors if the proposals to eliminate indexing or reduce minimum […] Jody Harris Posted April 5, 2017 Tags Minimum Wage
Taxes and Budget Testimony in Opposition to Governor's Proposed Budget, Parts D, E, and F These proposed tax changes would stand in the way of building thriving communities and a strong Maine economy. There is a direct correlation between state resources and […] Jody Harris Posted February 10, 2017 Tags Budget
Maine’s Economy MECEP Matters, January 2017 For a PDF of this edition of MECEP Matters, click here. To sign up to receive MECEP Matters, click here. Posted January 31, 2017 Tags Economy