Lawmakers introduce bill to close gender pay gap

The Joint Economic Committee released a report on "Equal Pay Day" shows women earn 77 cents for every dollar earned by their male counterparts, which affects women’s retirement incomes and results in reduced economic security for women during their retirement years.

“Every week the average American woman must work seven days to take home the same paycheck it takes a man only five days to earn. Sadly, this benchmark represents progress,” Reid said. 

The report finds that the median income for women age 65 and older is more than $10,000 less than the median income for men 65 and older: $15,209 compared with $25,409.  

“Progress in closing the pay gap has been too slow," said JEC Chairman Bob CaseyRobert (Bob) Patrick CaseyTrump officials take bold steps on Medicaid Overnight Health Care — Presented by PCMA — Trump health chief reveals talks with states on Medicaid block grants | New head of FDA faces tough test | Trump officials defends work requirements in court Trump health chief reveals talks with states on Medicaid block grants MORE, (D-Pa.). "As this new JEC report shows, the pay gap has lasting and powerful effects on women’s income long after they have stopped working. As a result, women face retirement with lower incomes and less economic security.” 

Retirement income comes from multiple sources, including Social Security and pensions, where the benefits are linked directly to an individual’s earnings and savings plans where there is no direct link to earnings but the amount an individual can contribute is affected by how much he or she earns. 

The JEC report finds that women's Social Security benefits are 71 percent of men's and they aren't able to contribute as much to retirement-saving plans because of lower earnings. 

Another study released Tuesday shows that, on average, full-time working women in the United States are paid $10,622 less than their male counterparts, according to research by the National Partnership for Women & Families, in conjunction with the American Association of University Women (AAUW)

“Unless lawmakers and employers make eliminating the wage gap a priority once and for all, generations of women and their families are going to continue to suffer due to unfair pay and discrimination,” said Debra Ness, president of the National Partnership for Women & Families.“That’s why the re-introduction of the Paycheck Fairness Act in Congress today is so important. This legislation is critically important to efforts to end wage discrimination and ensuring that working women are paid fairly."

The majority of working mothers in the United States make at least a quarter of their families’ earnings, and nearly 14.5 million households nationwide are headed by women, the report found. 

“This research proves that the gender pay gap is not simply a numbers issue or a women’s issue,” said AAUW Executive Director Linda Hallman. “It’s a bread-and-butter issue. It’s an everyday issue for people who are trying to support their families and provide for their futures. No more lip service, it's time to act.”

The Senate bill is co-sponsored by Sens. Daniel Akaka (D-Hawaii), Barbara BoxerBarbara Levy BoxerHispanic civil rights icon endorses Harris for president California AG Becerra included in Bloomberg 50 list Climate debate comes full circle MORE (D-Calif.), Maria CantwellMaria Elaine Cantwell737 crisis tests Boeing's clout in Washington State rules complicate push for federal data privacy law Hillicon Valley: Cohen stuns Washington with testimony | Claims Trump knew Stone spoke to WikiLeaks | Stone, WikiLeaks deny | TikTok gets record fine | Senators take on tech over privacy MORE (D-Wash.), Ben CardinBenjamin (Ben) Louis CardinWarren, Klobuchar call on FTC to curtail use of non-compete clauses Overnight Energy: EPA moves to raise ethanol levels in gasoline | Dems look to counter White House climate council | Zinke cleared of allegations tied to special election Democrats offer legislation to counter White House climate science council MORE (D-Md.), Robert CaseyRobert (Bob) Patrick CaseyTrump officials take bold steps on Medicaid Overnight Health Care — Presented by PCMA — Trump health chief reveals talks with states on Medicaid block grants | New head of FDA faces tough test | Trump officials defends work requirements in court Trump health chief reveals talks with states on Medicaid block grants MORE (D-Pa.), Chris CoonsChristopher (Chris) Andrew CoonsSenate Dem calls on Trump to apologize for attacks on McCain Sixteen years later, let's finally heed the call of the 9/11 Commission  Senate Dems introduce bill demanding report on Khashoggi killing MORE (D-Del.), Dick DurbinRichard (Dick) Joseph DurbinSenate GOP eyes probes into 2016 issues 'swept under the rug' Senate gears up for Green New Deal vote Senate Dems petition Saudi king to release dissidents, US citizen MORE (D-Ill.), Al FrankenAlan (Al) Stuart FrankenHow to stand out in the crowd: Kirsten Gillibrand needs to find her niche Man who threatened to kill Obama, Maxine Waters faces up to 20 years in prison Gillibrand defends her call for Franken to resign MORE (D-Minn.), Kirsten GillibrandKirsten Elizabeth GillibrandSenate gears up for Green New Deal vote Senate GOP proposes constitutional amendment to keep Supreme Court at 9 seats Overnight Energy: Green New Deal vote set to test Dem unity | Renewables on track to phase out coal, study finds | EPA chief reportedly recuses himself from mine review MORE (D-N.Y.), Tom HarkinThomas (Tom) Richard HarkinStop asking parents to sacrifice Social Security benefits for paid family leave The FDA crackdown on dietary supplements is inadequate Wisconsin lawmaker refuses to cut hair until sign-language bill passes MORE (D-Iowa), John KerryJohn Forbes KerryJam-packed primary poses a serious threat to Democrats in 2020 Romney helps GOP look for new path on climate change Biden leads CNN poll, but Harris, Sanders on the rise MORE (D-Mass.), Amy KlobucharAmy Jean KlobucharFCC claims on broadband access under scrutiny Senate gears up for Green New Deal vote Overnight Energy: Green New Deal vote set to test Dem unity | Renewables on track to phase out coal, study finds | EPA chief reportedly recuses himself from mine review MORE (D-Minn.), Frank Lautenberg (D-N.J.), Patrick LeahyPatrick Joseph LeahyTop Senate Dem to Trump: It would be a 'grave mistake' to follow in Richard Nixon's footsteps Booker takes early lead in 2020 endorsements Hillicon Valley: Mueller delivers report, ending investigation | FEMA exposed info of 2.3M disaster survivors | Facebook asks judge to toss DC privacy lawsuit | Trump picks his first CTO | FCC settles lawsuit over net neutrality records MORE (D-Vt.), Carl LevinCarl Milton LevinListen, learn and lead: Congressional newcomers should leave the extremist tactics at home House Democrats poised to set a dangerous precedent with president’s tax returns The Hill's 12:30 Report — Sponsored by Delta Air Lines — White House to 'temporarily reinstate' Acosta's press pass after judge issues order | Graham to take over Judiciary panel | Hand recount for Florida Senate race MORE (D-Mich.), Claire McCaskillClaire Conner McCaskillLobbying world Dem candidate has Hawley served subpoena at CPAC Annual scorecard ranks GOP environmental efforts far below Dems in 2018 MORE (D-Mo.), Patty MurrayPatricia (Patty) Lynn MurrayOvernight Health Care — Presented by the American Conservative Union — ObamaCare enrollment dips slightly to 11.4M signups for 2019 | Dem support grows for allowing public funds to pay for abortions | House to hold hearing on surprise medical bills House Dems to hold hearing on preventing surprise medical bills Overnight Health Care: Senators seek CBO input on preventing surprise medical bills | Oversight panel seeks OxyContin documents | Pharmacy middlemen to testify on prices | Watchdog warns air ambulances can put patients at 'financial risk' MORE (D-Wash.), Jack ReedJohn (Jack) Francis ReedThis week: Congress set for next stage of Mueller probe fight Overnight Defense: Top Marine warns border deployment could hurt readiness | McSally aims for sexual assault reforms in defense bill | House to vote on measure opposing transgender ban | New warning over F-35 sale to Turkey Marine Corps commander: Using troops at southern border an 'unacceptable risk' to readiness MORE (D-R.I.), Jeanne ShaheenCynthia (Jeanne) Jeanne ShaheenGreen New Deal vote tests Dem unity in Senate Senate Dems petition Saudi king to release dissidents, US citizen Senators offer bipartisan bill to fix 'retail glitch' in GOP tax law MORE (D-N.H.), Debbie StabenowDeborah (Debbie) Ann StabenowTrump mounts Rust Belt defense Chris Evans talks NATO, Marvel secrets on Capitol Hill Overnight Health Care: Senators grill drug execs over high prices | Progressive Dems unveil Medicare for all bill | House Dems to subpoena Trump officials over family separations MORE (D-Mich.), Sheldon WhitehouseSheldon WhitehouseOvernight Energy: Green New Deal vote set to test Dem unity | Renewables on track to phase out coal, study finds | EPA chief reportedly recuses himself from mine review Green New Deal vote tests Dem unity in Senate Dems introduce bill requiring disclosure of guest logs from White House, Trump properties MORE (D-R.I.) and Ron WydenRonald (Ron) Lee WydenHillicon Valley: Mueller delivers report, ending investigation | FEMA exposed info of 2.3M disaster survivors | Facebook asks judge to toss DC privacy lawsuit | Trump picks his first CTO | FCC settles lawsuit over net neutrality records Treasury expands penalty relief to more taxpayers Overnight Health Care: Senators seek CBO input on preventing surprise medical bills | Oversight panel seeks OxyContin documents | Pharmacy middlemen to testify on prices | Watchdog warns air ambulances can put patients at 'financial risk' MORE (D-Ore.).