Archive: Press Releases

Poverty spiked sharply in the U.S. in 2022 after having declined in 2021

SPM data shows a historically steep increase of 4.6 percentage points from 7.8% to 12.4% . “The stark contrast paints a vivid picture of the ways in which poverty is a political choice, not a personal one.”

Executive Excess 2023

New report finds the ‘Low-Wage 100’ large corporations have spent more than $340 billion on stock buybacks since 2020.

Sixty Years After MLK’s “I Have A Dream” Speech, New Report Projects Over 500 Years To Achieve Black Economic Equality

Sixty years without substantially narrowing the Black-white wealth divide is a policy failure. But just as federal policy helped create the racial wealth gap, it can also help close it.

Final report of International Mission to #StopISDS recommends Colombia’s withdrawal from system of corporate abuse and impunity by way of a Citizens Audit 

The report highlights how lawsuits and the threat of lawsuits are endangering vulnerable peoples and ecosystems.

Institute for Policy Studies Agrees to Repay PPP Loan

Accordingly, in a civil settlement based on contract claims, not fraud, IPS has agreed to repay the 2021 loan and associated lender fees, plus 1.5 percent interest.

Criminalization of Race and Poverty Program at the Institute for Policy Studies Responds to the Debt Ceiling Deal

“It makes it harder for poor and low-income families to access food benefits they deserve, while making it easier for wealthy people to cheat on their taxes.”

Institute for Policy Studies’ Second Annual Marcus Raskin Award for Civic and Intellectual Courage Will Honor Katrina vanden Heuvel, Editorial Director and Publisher of The Nation

Katrina vanden Heuvel has displayed civic and intellectual courage both in battling right-wing forces in the mainstream media and as a fierce defender of vigorous and respectful debates within the progressive movement.

PRESS ADVISORY: Global South Delegation on Energy Transition Visits European Capitals 29 May- 2 June, 2023

The delegation will hold public events, meet with policymakers and NGOs, and engage with members of the media in Berlin, Brussels, and London from May 29 to June 2, 2023. 

New report: $1.1 trillion – or 62% – of the federal discretionary budget was spent on militarism and war last year

“When we invest so heavily in militarism at home and abroad, we deprive our own communities and people of solutions to problems that pose immediate security threats.”

International Mission to Colombia to Share Ways to Stop Abusive Corporate Claims

12 representatives of organizations from 8 Latin American countries and other parts of the world will visit Colombia to participate in a mission to share their experiences of standing up to corporate greed and stopping abusive transnational claims in the courts.

Report: S&P 500 Executives Have Stashed Nearly $9 Billion in Special Tax-Deferred Compensation Plans Not Available to Ordinary Workers

At Walmart, Home Depot, and 20 other low-wage employers, executives have accumulated enough funds in these exclusive accounts to generate monthly retirement checks larger than their workers’ median annual pay.

High Flyers 2023: How Ultra-Rich Private Jet Travel Costs the Rest of Us and Burns Up Our Planet

New research from the Institute for Policy Studies and Patriotic Millionaires reveals 10 stunning facts about the high-flying private jet industry.

A Quarter of Biden’s Budget Will Go to Pentagon Contractors

Today the White House released the President’s budget request, laying out the President’s priorities for the country.