Incomes Rising Faster Than Inflation Across US: Joint Economic Committee Democrats

President Biden’s policies are providing more ‘breathing room’ for U.S. households, says top White House economist Lael Brainard.

President Joe Biden speaks during an event at the South Court Auditorium in the Eisenhower Executive Office Building in Washington on Oct. 23, 2023. Anna Moneymaker/Getty Images

Wages and salaries have been rising faster than inflation throughout the country since January 2021, according to a new report released on June 20 by Joint Economic Committee (JEC) Democrats.

The JEC is a congressional advisory panel consisting of a mix of 20 Democrats and Republicans from the House and Senate.