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Maine’s Economy

Two months ahead of Election Day, Maine Gov. Janet Mills defends economic record

Maine’s gross domestic product growth under Mills, 2.4%, is above the national average, 1.7%, while under LePage, GDP growth, .9%, was below the national average, 2.6%, according […]

WMTW
Posted September 8, 2022
Tags Economy
Education

Federal student debt cancellation helps 177,000 Mainers who need help the most

Maine Center for Economic Policy (MECEP) celebrates President Biden’s plan to forgive federal student loans — up to $20,000 for people who went to college on Pell […]

Posted August 24, 2022
Tags Economic Security, Economy, Education, Federal, Incomes, Jobs, Racial Equity, Student Debt
Jobs and Income

ANALYSIS: Portland 2022 Minimum Wage Initiative

Analysis of the likely impacts of an initiative proposed by Maine DSA to increase the minimum wage in Portland to $18 an hour by 2025; to phase […]

MECEP
Posted August 23, 2022
Tags Economy, Jobs, Minimum Wage, Wages
Taxes and Budget

MECEP applauds the enactment of the “Inflation Reduction Act”

“The Inflation Reduction Act will ensure wealthy corporations making record profits pay their fair share. It will bring down the cost of prescription drugs for older Mainers […]

Posted August 16, 2022
Tags Economy, Federal, Inequality, Inflation, Tax Fairness, Taxes
Taxes and Budget

MECEP statement on federal “Inflation Reduction Act”

Maine Center for Economic Policy (MECEP) applauds the proposed “Inflation Reduction Act” recently announced by US Senators Chuck Schumer and Joe Manchin and urges Maine’s Congressional delegation […]

Posted August 1, 2022
Tags Corporate Power, Economic Security, Economy, Federal, Health Care, Income Tax, Inflation, Medicare, Tax Fairness, Taxes
Maine’s Economy

Context on inflation and corporate profits ahead of Consumer Price Index release

AUGUSTA, Maine (July 12, 2022) — Ahead of Wednesday’s release of the U.S. Bureau of Labor Statistics June 2022 Consumer Price Index data, inflation is expected to remain […]

Posted July 12, 2022
Tags Corporate Power, Economy, Inflation
Taxes and Budget

Lack of corporate tax transparency hurts Maine

When corporations receive lucrative tax incentives and fail to pay their fair share in taxes, they profit from the hard work of Mainers and exploit the resources […]

Maura Pillsbury
Posted July 5, 2022
Tags Economy, Income Tax, Tax Fairness, Taxes
Maine’s Economy

GRAPHIC SERIES: Prices are rising and Mainers are feeling the pinch

Prices are rising and Mainers are feeling the pinch. At the same time, some of the world’s largest corporations are reporting record profits. This mismatch is the result […]

MECEP
Posted July 5, 2022
Tags Corporate Power, Economy, Graphic Series, Inflation
Maine’s Economy

More than 1,000 march in Portland to protest abortion ruling

The Maine Center for Economic Policy said the opinion will damage “the autonomy, health and economic stability of working people” and called on the state’s congressional delegation […]

Portland Press Herald
Posted June 24, 2022
Tags Economy
Maine’s Economy

See how prominent Mainers are reacting to the end of Roe v. Wade

“The US Supreme Court’s overturning of Roe v Wade strikes a calamitous blow against decades of legal precedent, dangerously impacting health, privacy, and self-determination for millions of […]

Bangor Daily News
Posted June 24, 2022
Tags Economy
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