INVEST IN AMERICA WEEKLY ROUNDUP
Invest in America Action pushed back on inflation fear-mongering and highlighted the economic benefits of the Build Back Better agenda in a press call featuring Senators Chris Van Hollen (D-MD) and Bob Casey (D-PA), Nobel laureate Professor Joseph Stiglitz, Former Chair of the Council of Economic Advisers Dr. Laura Tyson, and AFL-CIO Chief Economist Dr. Bill Spriggs. Senators Van Hollen and Casey discussed the urgent need for the agenda’s investments, while the economists refuted claims that the plan would have an inflationary effect on the economy and exposed those claims as a political excuse not to make much-needed investments in infrastructure, caregiving, clean energy, and more.
Sen. Van Hollen: “Predictably, we’re now hearing Republicans try to scare the public about the Build Back Better agenda, including waving around the risk of inflation. We cannot allow that fear-mongering to slow down or stop our efforts to take the next steps.”
Sen. Casey: “If we’re going to be the greatest country in the world, we have to have the best caregiving in the world and invest in those who need these services.”
Nobel laureate Professor Joseph Stiglitz: “If you look at these bills…there is no conceivable way that they would have any significant inflationary effect on the economy. Indeed, because of supply side effects, the bills would actually ease inflationary pressures.”
Former CEA Chair Dr. Laura Tyson: “Republican opponents of the bill are using concerns over inflation to posture themselves, but there is no economic evidence that says inflation should be a serious concern.”
- AFL-CIO Chief Economist Dr. Bill Spriggs: “We’re going to beat inflation by expanding labor force participation and expanding production possibilities.”
Invest in America Action hosted a press conference in Arizona urging Congress to support the Build Back Better agenda’s investments in caregiving, featuring Tempe Mayor Corey Woods, State Rep. Jennifer Longdon, and small business owner John Skelton. The speakers discussed how home care worker shortages combined with inadequate care infrastructure are failing Arizona’s seniors and people with disabilities. View a recording here.
Mayor Woods: “It’s critical that the folks in Congress right now do everything they can to fight for every single penny of this funding, because it’s much needed and it will have an impact on communities throughout the state of Arizona.”
- State Rep. Longdon: “This is an investment that improves lives… I reached out to our representatives in the Arizona delegation and asked them to please protect this $400 billion dollars. It is critical and has a direct impact on the quality of lives of the people we serve.”
John Skelton: “There are 150 other private in-home care companies in the greater Phoenix area, the vast majority of which are also small businesses that are employing people locally and helping people locally… This is money that’s going to stay local and benefit the people here on both the employment side as well as the aging and disability side.”
Invest in America Action hosted a press conference in West Virginia calling on Congress to support the Bipartisan Infrastructure Deal’s investments in clean water infrastructure, featuring West Virginia Delegates Evan Hansen and John Williams and teacher Brianne Soloman. The call highlighted the on-going Clarksburg water crisis, West Virginia’s crumbing water infrastructure, and the need for immediate federal investment in West Virginia’s water infrastructure. View a recording here.
Delegate Hansen: “We are losing population here in West Virginia and we have an urgent need to diversify our economy and attract people and businesses to our state… That is why we are calling on our Senators to secure robust investments in clean drinking water infrastructure in West Virginia.”
Delegate Williams: “Clean drinking water and access to it is a fundamental human right that every government must strive to provide to its citizens. And if our students can’t depend on the water that they are drinking in their schools, then we are failing our children.”
Brianne Solomon: “It is imperative that lawmakers invest in our water infrastructure because if our children are not healthy, how can they learn? And, if our children aren’t learning, what does that mean for our future?”
Invest in America distributed a fact sheet clarifying how the Build Back Better agenda will lower taxes for working families by expanding the Child Tax Credit and lower costs for prescription drugs, health care, child care, education, and more, making middle-class life more affordable for Americans.
Invest in America Action disseminated a report with data demonstrating how the Build Back Better agenda will benefit key congressional districts across the country by creating millions of jobs, reducing costs for families, and lowering taxes on working and middle-class Americans.
Invest in America Action highlighted data from the quarterly GDP report and the weekly unemployment report, noting that while the economy has made a remarkable comeback under the Biden administration to reach pre-pandemic strength, more investment is needed to ensure that the country is positioned to be a global economic leader.
Invest in America Action released a statement on the cloture vote to move the Bipartisan Infrastructure Deal forward for debate, solidifying the first step towards passing a historic investment in infrastructure that would create millions of jobs. The statement also noted that the deal isn’t enough — America urgently needs investments in care, clean energy, housing, and education in order to bring the create long-term economic growth.
The New York Times: Inflation Is New Battle Line as Republicans and Biden Spar Over Spending
[…] There are unusually large amounts of uncertainty over the path of inflation in the coming months, given the vagaries around restarting a pandemic-stricken economy. Yet even many economists who worry that high prices will linger longer than analysts initially expected say there is little reason to believe the problem will worsen if Mr. Biden succeeds in his attempts to bolster child care, education, paid leave, low-emission energy and more.
“There’s been a lot of fear-mongering concerning inflation,” Joseph E. Stiglitz, a liberal economist at Columbia University, said on Tuesday during a conference call to support Mr. Biden’s economic plans. But the president’s spending proposals, he said, “are almost entirely paid for.”
“If they are passed as proposed,” he added, “there is no conceivable way that they would have any significant effect on inflation.”
Arizona Republic: Sinema doesn’t support Democrats’ $3.5T bill, clinches bipartisan infrastructure deal
Outside of the beltway, Arizona state Rep. Jennifer Longdon, D-Phoenix, Tempe Mayor Corey Woods and small business owner John Skelton held a virtual news conference to highlight the need for additional funding for adults in the health care realm.
WDTV 5 News: Infrastructure bill moves through congress, W.Va. Senators react to $3.5 trillion budget resolution
As the bipartisan infrastructure bill makes its way through congress, democrats are now pushing for a $3.5 trillion budget resolution to fund social infrastructure such as child care, health care, housing, and college.
Two-thirds of senators voted Wednesday to begin debate on a bipartisan infrastructure bill.
[…] The bill invests $110 billion on America’s roads and bridges. It also invests $55 billion for clean water infrastructure– an issue that West Virginia Delegates Evan Hansen and John Williams say directly affects West Virginia. “We’re losing population in West Virginia,” said Del. Evan Hansen (D- Monongalia, 51). “We have an urgent need to diversify our economy and attract people and businesses to West Virginia and we can’t do that without secure access to clean drinking water. That’s one of the most fundamental infrastructure issues that there is.”
WBOY 12 News: West Virginia Delegates urge Congress to pass Bipartisan Infrastructure Bill
Two West Virginia Delegates held a virtual press conference on Thursday to discuss the state’s water infrastructure.
Delegates Evan Hansen (D-Monongalia, 51) and John Williams (D-Monongalia, 51) spoke about the Bipartisan Infrastructure Framework that is being debated in Congress. The pair urged Congress to pass the Bipartisan Infrastructure Plan.
They said the bill could help the state have more clean water, especially with the recent development of elevated lead levels in the water of some homes in Clarksburg.
The Bipartisan Infrastructure Bill, if passed, would dedicate $55 billion for clean drinking water across the U.S.
The Journal: LTE – Kathleen Stoll
In West Virginia, everyone knows that our roads and bridges are in desperate need of repair. But getting serious about economic recovery also means reckoning with a care economy that was struggling long before COVID and has suffered exponentially throughout the pandemic. Because—as anyone who has been a caretaker knows—people who don’t have access to care for loved ones can’t stay in the workforce or contribute to our economy.
Our state has one of the oldest populations in the country and over 14,000 home care workers. With an average hourly wage of $9.78, it’s no surprise that 26% of home care workers fall below the poverty line and that 38% are on food assistance here in West Virginia. President Biden’s Build Back Better Agenda will invest $400 billion in care for our elders and people with disabilities, creating over 6,000 new jobs in our state and ensuring that these essential workers are paid a living wage.