ICYMI: BIDEN RALLIES AFL-CIO, URGES CONGRESSIONAL ACTION TO LOWER COSTS
In Case You Missed It – President Joe Biden spoke to the AFL-CIO’s annual constitutional convention yesterday, highlighting his administration’s success in boosting family savings, creating millions of jobs, and lowering unemployment. Biden also urged Congress to address rising inflation by passing his full agenda that would lower prices in energy, health care, child care, and more.
The president also drew a sharp contrast with congressional Republicans, slamming their efforts to lower taxes for billionaires and corporations while blocking efforts to lower costs for families. The president urged that Congress raise taxes on the ultra-wealthy so they pay their fair share.
Biden touted his support for the PRO Act, and also for creating jobs by updating infrastructure and investing in green energy projects — saying that his bipartisan infrastructure law was “about more than rebuilding our infrastructure, it’s about rebuilding the middle class.”
The president said his administration is working globally to release stores of oil and grain. He also pitched the idea that cost savings for working people could come from other areas, like caps on the price of insulin, federally-funded childcare — part of the stalled Build Back Better plan —and tax credits to help people pay to make their homes more energy efficient.
- And he repeatedly slammed the previous administration for its tax cuts that overwhelmingly benefitted the very rich over the middle class, and blamed Republicans for his inability to roll them back.
“Look, we can do all this,” he said. “All I’m asking is for the largest corporations and the wealthiest Americans to begin to pay their fair share in taxes. I’m deadly earnest.”
About Invest in America
Invest In America is a national rapid response operation advocating for robust public investment to rescue the economy from the COVID crisis and create prosperity for the future, and to fight back against fear-mongers who use deficit concerns as a scapegoat to starve American communities and businesses of resources.
The operation consists of two components: Invest in America, the charitable and public education arm, which is a fiscally sponsored project of Economic Security Project funded by the William and Flora Hewlett Foundation and Economic Security Project co-chair Chris Hughes; and Invest in America Action, the advocacy and social welfare arm, which is a fiscally sponsored project of Economic Security Project Action funded by Chris Hughes and the Omidyar Network.