News

AMERICANS ARE SUFFERING THE DAILY CONSEQUENCES OF OUR CRUMBLING INFRASTRUCTURE 

We can’t afford any more delays when it comes to investing in our crumbling infrastructure. Americans are already suffering the costs every day — from dangerously deficient bridges and power grids, to lack of access to clean water and public transportation, to the effects of lead exposure and air pollution. Failing to make the big, bold infrastructure investments we need could cost Americans trillions of dollars and millions of jobs — not to mention put lives at risk. 


ICYMI: REUTERS: EVEN AFTER BIDEN TAX HIKE, U.S. FIRMS WOULD PAY LESS THAN FOREIGN RIVALS

President Biden’s proposed American Jobs and Families Plans — once-in-a-generation investments in infrastructure, clean energy, and caregiving — would be paid for by ensuring that corporations pay their fair share in taxes. A new Reuters analysis found that even under the president’s plan, U.S. companies would likely pay less income tax than their competitors overseas. Read the article here. 






INVEST IN AMERICA WEEKLY ROUNDUP

Invest in America Action hosted a press call featuring bipartisan elected officials, American Federation of Teachers President Randi Weingarten, and a child care provider who pushed back on some Senators’ calls to raid state and local American Rescue Plan relief money to fund infrastructure investments. Doing so would take money away from essential workers like firefighters, EMTs, teachers, and state and local governments who are counting on relief funds to recover from a devastating year.


PRESS RELEASE: STATEMENT: JOBLESS CLAIMS SHOW PUBLIC INVESTMENT WORKS, URGENT NEED FOR FULL AMERICAN JOBS & FAMILIES PLANS 

Invest In America’s spokesperson Maddy McDaniel issued the following statement responding to the slight rise in jobless claims after months of decreasing unemployment thanks to the American Rescue Plan: “Thanks to the public investments in President Biden’s American Rescue Plan, jobless claims have been steadily decreasing for months. But today’s slight rise is a reminder that we’re not out of the woods yet, and the country has much further to go on the road to economic recovery. 



ICYMI: BLOOMBERG: MARKETS SHOW PEAK INFLATION FEAR HAS PASSED

“With investors anxious to hear the Federal Reserve’s latest take on inflation after last week’s hot reading, certain corners of the market are already simmering down. Take lumber, one of the biggest gainers among commodities in the past year as stuck-at-home Americans poured money into remodeling. It’s slumped 40% since its peak in May. The booming housing market has also cooled, with an index that measures consumer plans to buy homes tumbling last month. And copper has eased from an all-time high.


Load More

© 2021 Economic Security Project, Inc. All rights reserved.
Powered by Archie