INVEST IN AMERICA WEEKLY ROUNDUP

  • Invest in America released a poll with Data for Progress, which demonstrates that a majority of voters support passage of the Build Back Better Act and believe it will ensure that the most vulnerable Americans are always supported. Additionally, the poll found that a majority of voters support the Build Back Better Act’s provisions. Key findings include:
    • 63% of voters, including 88% of Democrats and 64% of Independents, support the Build Back Better Act.

    • 63% of voters, including 88% of Democrats and 66% of Independents, support the Build Back Better Act when informed about its pay-fors.

    • 54% of voters believe that the Build Back Better Act’s programs would ensure that the most vulnerable Americans are always supported.

    • 62% of voters, including 81% of Democrats, 63% of Independents, and 40% of Republicans, support guaranteeing four weeks of paid family and medical leave for all workers.

    • 78% of voters, including 88% of Democrats, 81% of Independents, and 63% of Republicans, support investing in long-term care for seniors and people with disabilities.

    • 76% of voters, including 88% of Democrats, 78% of Independents, and 63% of Republicans, support expanding Medicare so that it includes hearing coverage.
  • Invest in America Action hosted a press conference with lawmakers and a Child Tax Credit recipient to discuss the urgent need to pass the Build Back Better Act to avoid a lapse in the Child Tax Credit, featuring Sen. Michael Bennet (D-CO), Sen. Sherrod Brown (D-OH), Sen. Cory Booker (D-NJ), Rep. Rosa DeLauro (CT-03), Economic Security Project Action Director Adam Ruben, and MomsRising member Torie Miesko. The speakers emphasized that the expanded Child Tax Credit is a transformative policy that has, according to estimates, reduced child poverty by nearly half this year, allowed millions of parents to go to work and keep up with the cost of living, and eased the economic burden on working and middle-class families. Listen to a recording here.

  • Invest in America released a factsheet detailing the real impact on West Virginians if Congress fails to extend the expanded Child Tax Credit, which includes data about how 93% of children will benefit from the expanded Child Tax Credit and testimonies from West Virginians who said they wouldn’t have been able to put food on the table or pay their heating bills.

  • Invest in America Action disseminated a roundup of news articles detailing the White House’s announcement of its plan to replace all lead pipes in the U.S. and ensure safe drinking water for all American communities — an important initiative funded by the Bipartisan Infrastructure Deal.

  • Invest in America highlighted data from the weekly unemployment report, noting that while the report brings the four-week average of jobless claims to its lowest level in 52 years, reflecting the strong jobs recovery undertaken by the Biden Administration, middle-class Americans are counting on Congress to pass the Build Back Better Act and lower key costs as they deal with economic challenges brought on by the pandemic.

INVEST IN AMERICA COVERAGE

CNBC: The December child tax credit payment may be the last

The child tax credit was enhanced by the American Rescue Plan, which increased the benefit to $3,000 from $2,000 with an additional $600 for children under age 6, made it fully refundable and introduced six monthly payments that ran from July to December.

“If we fail to do the right thing, we are going to see in our nation a tremendous rug being pulled out from under so many families who right now have had a bridge from being stressed to being blessed,” said Sen. Cory Booker, D-N.J., during a Tuesday call with reporters.

[…] Losing the enhanced credit and monthly payments would also roll back one of the most significant wins that Democrats have had since Biden became president.

“If we miss this moment, it’s not coming back again,” said Rep. Rosa DeLauro, D-Conn., on a Tuesday call with reporters.

The New Republic: Joe Manchin Has the Child Tax Credit in His Death Grip

[…] Despite his apparent reticence, data shows that West Virginians have benefited from the credit. With the inclusion of full refundability in the expanded credit, 170,000 children in West Virginia had access to the credit for the first time. In August, the West Virginia Center on Budget and Policy found that food insufficiency decreased among families with children after initial payments. According to the Center on Budget and Policy Priorities, a left-leaning think tank, roughly 90 percent of low-income West Virginians were using their child tax credit payments on basic needs and education. In another study, CBPP found that 346,000 children in West Virginia would be affected if the child tax credit expired, and 50,000 would be at risk of slipping below the poverty line or sinking deeper into poverty.

Representative Rosa DeLauro, a key champion for the credit in the House, alluded to these statistics in a statement to The New Republic. “I am ready to make the expanded and improved Child Tax Credit permanent and so are the 346,000 children in West Virginia who received yesterday’s check,” DeLauro said.

Colorado Sun: If you’ve always assumed Manchin would come around on Biden’s safety-net bill, it may be time to think again

As Colorado Sen. Michael Bennet said in a Tuesday news conference on the child tax credit, Manchin is not a “fan” of the concept. But I’m guessing that some of the hundreds of thousands of West Virginians getting what amounts to a huge middle-class tax cut just might be.

[…] The one thing I was sure I wouldn’t hear at the news conference — which Bennet headed along with Senate colleagues Sherrod Brown and Cory Booker as well as a longtime supporter of these credits, Rep. Rosa DeLauro — was anything critical of Manchin. Because they can’t afford to criticize Manchin. They have to believe that Manchin will eventually come around. Not because it’s logical, although it is, but because somehow getting Manchin on board is the only shot they’ve got.

Daily Advocate: Brown fighting to extend Child Tax Credit expansion

[…] Brown also joined Senators Bennet and Booker along with Representative Rosa DeLauro (D-CT) today for a virtual press conference hosted by Invest in America Action, Economic Security Project Action, and the Children’s Defense Fund, to call for the urgent passage of Build Back Better to avoid a lapse in the expanded Child Tax Credit.

“The Child Tax Credit is the most consequential thing we have done to make people’s hard work pay off in decades. We know how hard parents’ work, we know how expensive it is to raise kids, and we know workers’ wages haven’t kept up with the cost of child care and health care and housing and all the big items in families’ budgets. It’s why we passed the largest tax cut for working families, ever – and its why we need to get this done, pass Build Back Better, and extend the CTC expansion now,” said Brown.

90.5 WESA: Casey dismisses Republican attacks, says Democrats’ legislative victories will boost the economy

Following Democrats’ victory in passing their infrastructure bill to improve roads and bridges in legislation passed this fall, Casey said he expects the Biden administration’s Build Back Better proposal to be passed by the end of the year. Casey said Democrats “have a very high sense of urgency and we’re going to get the bill passed this month.”

“We’re going to build on this success by creating millions more good paying union jobs with the passage of both the infrastructure bill which is now law but also with the passage this month of Build Back Better,” he said. “So when you consider what Democrats have been doing in 2021…. we’re responding to the needs of families and workers and communities. Not just to help them through the pandemic, but to prepare them for the long term.”

Among other things, the Build Back Better legislation would make investments in child care, preschool, home care for people with disabilities. It would also provide funding to combat climate change.

Casey was joined by Wisconsin U.S. Sen. Tammy Baldwin, who also voiced her support for the legislation.

[…] Lauren Melodia, who is deputy director of macroeconomic analysis at the progressive Roosevelt Institute, said during the call with Casey and Baldwin that the legislation would not contribute to inflation, since its investments would be spread out over a decade.

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