May 23, 2018

HOPE: House overwhelmingly passes bipartisan prison reform bill. “The House by an overwhelming 360-59 vote passed a bipartisan reform bill Tuesday that provides more education for federal prisoners and gives them a second chance after their release. . . . The legislation is a priority for the White House, thanks to the advocacy of Jared Kushner, who saw how his father, Charles, was treated in federal prison. The president’s son-in-law worked closely with the bill’s authors and helped host a prison reform summit at the White House last week with President Trump.”

Change: “A new report shows that the median household income has climbed 3% since President Trump took office. It’s another sign of a strong economy, and at least one poll shows the public credits Trump for the good news. . . . This is a sharp turnaround from the Obama years. Sentier data show that median household income was the same when President Obama left office as when he arrived. Under Obama, household incomes continued to fall steeply for two full years after the recession officially ended, and then took four years to make up that lost ground. Incomes then flatlined again, posting no overall gain between August 2015 and December 2016.”

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