Latest news with #GroundworkCollaborative
Yahoo
3 days ago
- Business
- Yahoo
Largest cuts ‘in history:' Local impact of potential cuts to SNAP benefits in Trump bill
SAVANNAH, Ga. (WSAV) – President Trump's 'Big Beautiful Bill' aimed at cutting taxes and federal spending will also include cuts to programs like the Supplemental Nutritional Assistance Program (SNAP), a program hundreds of thousands of Georgia households rely on to feed their families. The legislation passed in the United States House of Representatives over a week ago. The way the bill is currently written, thousands of Georgians would no longer meet the federal requirements to receive SNAP benefits. 'I stay home because I'm disabled, but even with the food stamps I get, I'm still having to pay out of pocket,' Heather Nelson, whose family receives SNAP said. Right now, anyone who does not work but has children under the age of eighteen is eligible to receive benefits. Under Trump's bill, those who do not work would only be eligible to receive SNAP if their children are under eight. 'They're still growing. They're actually hungrier than after that age. So, they're eating more food than normal, especially in summer. So, they're home all the time,' Nelson said. 'Cutting after the age of eight, I think that's crazy.' The second major change would be an increase in the age requirement for SNAP for older adults. People who don't or can't work wouldn't be eligible to receive SNAP until 64, instead of the current age of 54. 'It takes about 300 billion dollars out of SNAP, according to the non-partisan congressional budget office. This is the largest cut to the food assistance program in history,' Alex Jacquez, Chief of Policy and Advocacy at Groundwork Collaborative, an economic policy think tank in Washington, D.C, said. According to Jacquez, Trump's 'Big Beautiful Bill' shifts some of the cost for SNAP benefits to the states, which could lead to major cuts to the program at the state level. 'These are generally payments that have always been made by the federal government, and they're instituted in an escalating penalty type of way,' Jacquez said. 'Instead of having to actually make the outlays, the choice that these states are going to make is either to cut benefits back or opt out of the SNAP program entirely.' Trump's bill will go to the U.S. Senate next and it could be changed or rewritten in any number of ways during that process. House Republicans said their goal is to get the bill passed in both chambers and signed into law by July 4. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
USA Today
15-05-2025
- Business
- USA Today
From dishes to dresses, the household items most likely to come from China
From dishes to dresses, the household items most likely to come from China Show Caption Hide Caption US and China agree to trade deal that will lower tariff levels The U.S. and China agreed to a trade deal after face-to-face meetings between senior economic officials. Amid the tariff tumult of recent weeks, perhaps you have found yourself pulling random plates and mugs from your shelves and turning them over to learn their country of origin. Quite often, the answer is China. China ranks as America's third-largest source of imported goods in 2025, according to Census data, with $103 billion in imports through March. In all of 2024, China ranked second, behind Mexico. President Trump's campaign of import tariffs has consumers spooked about looming price hikes on imports from around the globe. Many of the biggest fears, however, center on China. Trump enacted massive 145% import taxes on Chinese goods in April, then announced a trade deal on May 11 that slashed them to 30%, at least for now. But 30% is still a large number. If you've already taken a 'tariff tour,' strolling around your home, upending lamps and couch cushions to discover their provenance, then you already know how much we depend on products from China. 'This might be a bit of a wakeup call to where all of our stuff actually comes from,' said Alex Jacquez, chief of policy and advocacy at the progressive Groundwork Collaborative. If you haven't inventoried your household imports, then allow us to lead the tour. Here's how much household stuff comes from China A breathtaking share of our pots and pans, 90%, hail from China. A relatively small quotient of washers and dryers, 30%, originate there. But those figures understate the full scale of Chinese imports. 'Even products that seemingly have another country of origin embody significant content that originates from China,' said Adam Hersh, a senior economist at the left-leaning Economic Policy Institute. Here is a list of 11 common household items, showing what percentage of all imports came from China in 2024. The numbers were compiled using the U.S. International Trade Commission's DataWeb from official U.S. merchandise trade statistics published by the Department of Commerce. Dishes : 66% made in China. Next biggest source: Mexico. : 66% made in China. Next biggest source: Mexico. Pots and pans : 90% made in China. Next biggest source: India. : 90% made in China. Next biggest source: India. Utensils : 87% made in China. Next biggest source: Vietnam. : 87% made in China. Next biggest source: Vietnam. Refrigerators : 87% made in China. Next biggest source: Vietnam. : 87% made in China. Next biggest source: Vietnam. Televisions : 48% made in China. Next biggest source: Mexico. : 48% made in China. Next biggest source: Mexico. Couches : 43% made in China. Next biggest source: Vietnam. : 43% made in China. Next biggest source: Vietnam. Lamps : 48% made in China. Next biggest source: Mexico. : 48% made in China. Next biggest source: Mexico. Dresses : 40% made in China. Next biggest source: Vietnam. : 40% made in China. Next biggest source: Vietnam. Toilets : 44% made in China. Leading source (47%): Mexico. : 44% made in China. Leading source (47%): Mexico. Vacuum cleaners : 35% made in China. Leading source (42%): Vietnam. : 35% made in China. Leading source (42%): Vietnam. Washer-dryers: 30% made in China. Next biggest source: South Korea. The current tariff deal between the United States and China is only good for 90 days, while the two nations negotiate. Where will tariff rates stand after that? Even some trade experts are reluctant to say. "That's the million-dollar question, right there," said Colin Grabow, an associate director at the Cato Institute's Herbert A. Stiefel Center for Trade Policy Studies. "You get the sense that they're kind of making it up as they go." This story has been updated with additional information.
Yahoo
14-05-2025
- Business
- Yahoo
How much of your stuff was made in China? Here are the sobering numbers.
Amid the tariff tumult of recent weeks, perhaps you have found yourself pulling random plates and mugs from your shelves and turning them over to learn their country of origin. Quite often, the answer is China. China ranks as America's third-largest source of imported goods in 2025, according to Census data, with $103 billion in imports through March. In all of 2024, China ranked second, behind Mexico. President Trump's campaign of import tariffs has consumers spooked about looming price hikes on imports from around the globe. Many of the biggest fears, however, center on China. Trump enacted massive 145% import taxes on Chinese goods in April, then announced a trade deal on May 11 that slashed them to 30%, at least for now. But 30% is still a large number. If you've already taken a 'tariff tour,' strolling around your home, upending lamps and couch cushions to discover their provenance, then you already know how much we depend on products from China. 'This might be a bit of a wakeup call to where all of our stuff actually comes from,' said Alex Jacquez, chief of policy and advocacy at the progressive Groundwork Collaborative. If you haven't inventoried your household imports, then allow us to lead the tour. A breathtaking share of our pots and pans, 90%, hail from China. A relatively small quotient of washers and dryers, 30%, originate there. But those figures understate the full scale of Chinese imports. 'Even products that seemingly have another country of origin embody significant content that originates from China,' said Adam Hersh, a senior economist at the left-leaning Economic Policy Institute. Here is a list of 11 common household items, showing what percentage of all imports came from China in 2024. The numbers were compiled using the U.S. International Trade Commission's DataWeb from official U.S. merchandise trade statistics published by the Department of Commerce. Dishes: 66% made in China. Next biggest source: Mexico. Pots and pans: 90% made in China. Next biggest source: India. Utensils: 87% made in China. Next biggest source: Vietnam. Refrigerators: 87% made in China. Next biggest source: Vietnam. Televisions: 48% made in China. Next biggest source: Mexico. Couches: 43% made in China. Next biggest source: Vietnam. Lamps: 48% made in China. Next biggest source: Mexico. Dresses: 40% made in China. Next biggest source: Vietnam. Toilets: 44% made in China. Leading source (47%): Mexico. Vacuum cleaners: 35% made in China. Leading source (42%): Vietnam. Washer-dryers: 30% made in China. Next biggest source: South Korea. The current tariff deal between the United States and China is only good for 90 days, while the two nations negotiate. Where will tariff rates stand after that? Even some trade experts are reluctant to say. "That's the million-dollar question, right there," said Colin Grabow, an associate director at the Cato Institute's Herbert A. Stiefel Center for Trade Policy Studies. "You get the sense that they're kind of making it up as they go." This story has been updated with additional information. This article originally appeared on USA TODAY: How much of your stuff was made in China? We have the numbers.
USA Today
14-05-2025
- Business
- USA Today
How much of your stuff was made in China? Here are the sobering numbers.
How much of your stuff was made in China? Here are the sobering numbers. Show Caption Hide Caption US and China agree to trade deal that will lower tariff levels The U.S. and China agreed to a trade deal after face-to-face meetings between senior economic officials. Amid the tariff tumult of recent weeks, perhaps you have found yourself pulling random plates and mugs from your shelves and turning them over to learn their country of origin. Quite often, the answer is China. China ranks as America's third-largest source of imported goods in 2025, according to Census data, with $103 billion in imports through March. In all of 2024, China ranked second, behind Mexico. President Trump's campaign of import tariffs has consumers spooked about looming price hikes on imports from around the globe. Many of the biggest fears, however, center on China. Trump enacted massive 145% import taxes on Chinese goods in April, then announced a trade deal on May 11 that slashed them to 30%, at least for now. But 30% is still a large number. If you've already taken a 'tariff tour,' strolling around your home, upending lamps and couch cushions to discover their provenance, then you already know how much we depend on products from China. 'This might be a bit of a wakeup call to where all of our stuff actually comes from,' said Alex Jacquez, chief of policy and advocacy at the progressive Groundwork Collaborative. If you haven't inventoried your household imports, then allow us to lead the tour. Here's how much household stuff comes from China A breathtaking share of our pots and pans, 90%, hail from China. A relatively small quotient of washers and dryers, 30%, originate there. But those figures understate the full scale of Chinese imports. 'Even products that seemingly have another country of origin embody significant content that originates from China,' said Adam Hersh, a senior economist at the left-leaning Economic Policy Institute. Here is a list of 11 common household items, showing what percentage of all imports came from China in 2024. The numbers were compiled using the U.S. International Trade Commission's DataWeb from official U.S. merchandise trade statistics published by the Department of Commerce.
Bloomberg
07-05-2025
- Business
- Bloomberg
Bessent Clashes With House Democrats
On the early edition of Balance of Power, Bloomberg Washington Correspondent Kailey Leinz discusses Treasury Secretary Scott Bessent's second day of testimony on Capitol Hill. On today's show, Bloomberg's Tyler Kendall and Courtney McBride, Republican Congressman Greg Murphy of North Carolina and Groundwork Collaborative Managing Director of Policy and Advocacy Liz Pancotti. (Source: Bloomberg)
