From Tommy Kaelin, PPI <[email protected]>
Subject PPI's Progress Report: PPI Reacts to Debt Ceiling Compromise
Date June 1, 2023 7:59 PM
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Progress Report
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News, events, and must-read analysis from the Progressive Policy Institute.


** PPI Reacts to Debt Ceiling Compromise
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** PPI Urges Congress to Swiftly Pass President Biden’s Debt Ceiling Compromise
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Ben Ritz, Director of the Progressive Policy Institute’s Center for Funding America’s Future, released the following statement on Saturday's reported agreement-in-principle to raise the debt ceiling:

“Congress should immediately pass the debt limit increase and budget compromise negotiated by President Biden and Speaker McCarthy.

“On the one hand, this package does not represent our ideal policy. ... Meanwhile, taking both increased revenues and any cuts to other programs that comprise 85% of non-interest spending off the table in negotiations leaves our budget on a clearly unsustainable path. It is, at best, a punt on tackling our fiscal challenges.

“But on the other hand, this compromise is currently the only plausible way to take the threat of defaulting on the national debt off the table for the remainder of President Biden’s first term.”
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** PPI Urges Congress to Adopt Permitting Reforms Included In Debt Ceiling Agreement
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Paul Bledsoe, Strategic Advisor at the Progressive Policy Institute (PPI), released the following response in reaction to the permitting reforms included in the reported agreement-in-principle to raise the debt ceiling.

“PPI supports the permitting reforms included in the budget agreement, including tighter deadlines for environmental impact statements, designation of lead agencies, and other improvements ...

“But far more extensive reforms will be needed to expedite the thousands of new energy projects that are pending approval, and to reduce both consumer costs and emissions in the long-term."
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New from the Experts

Tamar Jacoby, Director of PPI's New Ukraine Project: What Ukraine’s Soldiers Say They’re Fighting For
⮕ The Wall Street Journal ([link removed])

Debt Ceiling Countdown: An Explainer, ft. Ben Ritz, Director of PPI's Center for Funding America's Future
⮕ L ([link removed]) ISTEN: The Dispatch ([link removed])

What's Causing Record Global Temperatures?, ft. Paul Bledsoe, PPI's Strategic Advisor
⮕ W ([link removed]) ATCH: CGTN America ([link removed])

US debt default deal also revises permitting, ft. Paul Bledsoe, PPI's Strategic Advisor
⮕ Argus ([link removed])

Semafor's Net Zero Newsletter, ft. Paul Bledsoe, PPI's Strategic Advisor
⮕ S ([link removed]) emafor ([link removed])

Paul Bledsoe, PPI's Strategic Advisor: Biden Needs To Remind Voters He’s Always Been Pro-Business
⮕ TheMessenger ([link removed])

Biden Administration Announces Indo-Pacific Deal, Clashing With Industry Groups, ft. Ed Gresser, PPI's VP and Director for Trade and Global Markets
⮕ The New York Times ([link removed])

Mr. Davis goes to Washington, ft. Curtis Valentine, Co-Director of PPI's Reinventing America's Schools
⮕ The Tribune ([link removed])

Trade Fact of the Week: Corruption is a Large Factor in the Global Economy, But One With Few Verifiable Statistics
⮕ PPI's Trade Fact of the Week ([link removed])


** WATCH: PPI President Will Marshall Joins Spectrum News
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"We've gotten away from an optimistic view of America's future."

PPI President Will Marshall joined Spectrum News' Tim Boyum to discuss the American economy and why Democrats need to focus on the positive, uplifting realities of a thriving economy to mobilize voters.
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** How Ukraine’s culture continues to thrive despite painful war with Russia
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By Tamar Jacoby
Director of PPI's New Ukraine Project
For The New York Post ([link removed])
It was a perfect spring Sunday in Kyiv and the city’s cafés were filled with people laughing in the sunlight.

Inside the Pinchuk Art Centre, the mood was different — quiet, focused, somber — but it too was filling with visitors eager to see an exhibition of works by young Ukrainian conceptual artists.

Their pieces were mostly responses to the war, many steeped in pain and loss.

Yet of all the places, people could be spending a spring Sunday in a country at war, these visitors were choosing a museum.

But why?
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Listen Up

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MOSAIC MOMENT:

Democracy in the
Disinformation Era

On this episode of the Mosaic Moment PPI’s Director of the Innovation Frontier Project, Jordan Shapiro sits down with Mosaic alum and Intelligence Analyst for Global Intelligence at Concentric, Rachel Brooks. They define online disinformation, discuss how foreign governments use online disinformation campaigns to target democracies, and unpack their ideas about how to increase protection and resilience for democracies.
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Liberalism in Estonia,
ft. Tarmo Juristo

In 2023, Estonia's liberal parties had a tremendously successful election — winning power and decisively defeating their far right. But how does Estonian politics work, and what does liberalism mean in Estonia? This week's episode is another episode in our Liberalism Around The World series. We're joined by Tarmo Juristo, the founder of SALK, one of Estonia's most important liberal political organizations.

Don't Miss These PPI Reports
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Staff Spotlight: Paul Bledsoe

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Paul Bledsoe
Senior Advisor

Paul Bledsoe is a Strategic Advisor for PPI, working on energy, climate, economic policy and related issues. He is also a Professorial Lecturer at American University’s Center for Environmental Policy, and President of Bledsoe & Associates, LLC, ([link removed]) a strategic public policy firm specializing in tax policy, energy, natural resources and climate change.

Paul served as director of communications of the White House Climate Change Task Force under President Clinton from 1998-2000, and special assistant to U.S. Secretary of the Interior Bruce Babbitt from 1995 to 1998.
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