Thank you, Congresswoman Beatty. I want to thank all of my colleagues in the Congressional Black Caucus who have joined us here tonight and who continue to fight and serve as the conscience of our Congress. Mr. Speaker, ``When Women…
Thank you, Congresswoman Beatty.
I want to thank all of my colleagues in the Congressional Black Caucus who have joined us here tonight and who continue to fight and serve as the conscience of our Congress.
Mr. Speaker, ``When Women Succeed, America Succeeds.'' It is a simple enough concept, yet it hasn't received the attention it deserves in the policy arena. As we reflect on moments like the fifth anniversary of the Lilly Ledbetter Fair Pay Act--a bill that most of us would agree was long overdue--it is important that we keep in our minds and hearts the critical lesson of that important legislation, which is that it is unacceptable for pay discrimination to exist in our workforce, that workers who face discrimination have a right to claim compensation for the injustices they face, that regardless of gender, race, religion, or sexual identity, we all have a right to be justly compensated for our work, and most importantly, that it is beneficial to our economy, our families, and our children to pay fair wages to all of America's workers.
In that spirit, we must lift up the cause of an economic agenda for women and their families. As we look to grow our economy, let us keep in mind how women drive that growth.
Women are the breadwinners or co-breadwinners in nearly two-thirds of America's families. Women now outnumber men at every level of the higher education ladder. In 1964, only about 40 percent of women were enrolled in any type of college. Today, that figure is 57 percent. There are, roughly, 3 million more women currently enrolled in college than men. Women-owned businesses, like those owned by Vicky Linko, Letty Velez, and Christie Hefner in Illinois, account for nearly $3 trillion of the gross domestic product in the United States.
Women are vital to our economic future. Still, the facts on how far we need to go for women to truly achieve the American Dream are staggering.
One in three adult women is living in poverty or on the brink of it. One-quarter of single mothers spend more than half of their incomes on housing compared to one-tenth of single fathers. Of all single mothers, nearly two-thirds are working in low-wage retail, service or administrative jobs that offer little economic support to adequately provide for the needs of their families. Women make only 77 cents for every dollar a man makes--a pay gap that exists even the first year out of college and continues through a woman's life. If you are a woman of color, no matter what your education is, there is that gap, and the gap grows as your education increases. Wage disparities cost American women an estimated $400,000 to $2 million in lost wages over a lifetime.
Thank you, Congresswoman.
I, too, feel compelled to tell my Shirley Chisholm story. As you have heard, I was privileged enough to be at the unveiling of her stamp, and I was very, very proud to be there, but also, I met Shirley Chisholm 22 years ago. I was a director of minority student services for Bradley University, and we invited Congresswoman Chisholm out to be a speaker. I picked her up from the airport and drove her back when her time was done.
We had the opportunity to have coffee together, and I felt her passion for the everyday person, to improve their quality of life. Little did I know that she was planting a little seed in me, as she was the first black woman elected, and I am the 30th and hopefully counting black woman elected to Congress. So I am very proud of that moment, and it gave me that opportunity to reflect when I heard all of her stories last Friday.
You have heard from our many colleagues that nearly half of the workforce is female, yet two-thirds of all minimum wage workers are women. You have heard 40 percent of working women are their family's primary breadwinner. If these women were paid the same wages as their male counterparts, their family income would increase by $6,776 a year. This is a $245 billion increase in wealth nationwide. If women receive equal pay, our economy would generate $447.6 billion in additional income. Again, we all would benefit from this, not just women.
41.5 million adult women and 16.8 million adult working women live in households below 200 percent of the poverty line. Women workers, single mothers, and low-income workers are the least likely to have access to paid leave and workplace flexibility offered through their employer, only exacerbating gender inequality and women's poverty.
The United States, as we said, the wealthiest country in the world, is the only developed nation that does not require employers to provide paid maternity leave, and the family and medical leave protections that do exist fail to cover nearly half of all full-time employees.
Revenue of women-owned businesses is 27 percent of that of men-owned businesses. I remember when I was a State representative, thanks to SEIU, being a child care worker for a day, and I went into the home of a woman who took care of other children for other women so that they could go to work. Both the child care worker and the mom going to work were very low-wage earners, but if it wasn't for that low-wage earner or child care worker, the mom couldn't afford to pay her so she could then go to work. It would be easy for the moms to stay home, but they didn't want to stay home. They wanted to work. They wanted to build their resume, and they also wanted to give their children the opportunity to be around other children and to learn from those low- wage child care workers. So both groups of women are affected by the minimum wage in this country.
With that, I yield back, Congresswoman.
Thank you, Congresswoman. You make me think about my grandmother, because it was my grandmother in the late 1940s who purchased a grocery store and told my grandfather, We are in the grocery business now. It was because of her parents instilling in her and helping
her to succeed and be a role model that she planted a seed for our family and her sons and then my father and my uncle. And it just fed the line for success and all of us going to college because of my grandmother. She was the very strong one in the family.
America cannot afford to maintain the status quo. Nearly 70 percent of Americans on or above the brink of poverty are women and the children who depend on them. That is almost 42 million American women and more than 28 million American children living on or at the brink of poverty. Tonight's conversation is about sparking an agenda that will enable women to achieve greater security. This includes raising wages for women and their families and allowing working parents to support and care for their families.
I want to thank the entire Congressional Black Caucus, especially my fellow co-anchor, the gentlewoman from Ohio, Congresswoman Beatty, who did a fantastic job.
As we recognize Black History Month, we are reminded the Congressional Black Caucus exists to improve communities through policy action that meets the needs of millions of our most vulnerable citizens. It is that spirit that guides us here tonight. When we see millions of women and children on the brink of poverty, we must act. When we see total household incomes being short-changed because of gender biases in wage, we won't stand for it. When women succeed, America succeeds. I will say it again. When women succeed, America succeeds.
I thank my colleagues for caring enough to get involved in this debate.
General Leave
I ask unanimous consent that my colleagues have 5 days to revise and extend their remarks.
With that, I yield to my co-anchor, Representative Beatty, for any last words.