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Progress Report
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News, events, and must-read analysis from the Progressive Policy Institute.
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** Don't Kill Bill
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By Will Marshall
PPI's President
for Democracy Journal ([link removed])
Is it really necessary to debate progressives again over Bill Clinton’s legacy? With a vengeful Donald Trump thrashing about our political waters like a blood-frenzied shark, it seems like a distraction.

What’s more, the left’s revisionist history of the Clinton years strikes me as a facile exercise in presentism—reinterpreting the past to score present-day ideological points. Nonetheless, the “neoliberal” legend seems to be gaining currency outside the activist and academic circles from which it sprang.

In a widely noted speech last April, National Security Adviser Jake Sullivan took errant potshots at Clinton’s trade policies by way of touting the Biden Administration’s turn to industrial policy as a bold new departure in economic philosophy. Rolling out Bidenomics in July, President Biden confusingly described it as a rejection of the “trickle-down economics” that has supposedly held sway for the last 40 years—a period that includes the eight years of the Obama-Biden Administration.

So thanks to Democracy for giving me an opportunity to make the case that Clinton’s economic policies were more progressive than he gets credit for.
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New from the Experts

ICYMI: Will Marshall, PPI President: Beyond partisan deadlock, there's a nation in search of 'can do' democracy
⮕ The Hill ([link removed])

Elan Sykes, PPI's Energy Policy Analyst, and Neel Brown, PPI's Managing Director: Uncompromising Activism: The New Threat to the Environment, Geopolitics and the Biden Administration
⮕ The Messenger ([link removed])

Erin Delaney, PPI's Director of Health Care Policy: PPI Statement on the 51st Anniversary of Roe v. Wade
⮕ PPI Statement ([link removed])

Rep. Kathy Manning Press Release, ft. Taylor Maag, PPI's Director of Workforce Development Policy: Manning, New Democrat Coalition Hosts United Kingdom Labour Officials for Workforce Development Roundtable
⮕ United States Congresswoman Kathy Manning ([link removed])

Trade Fact of the Week: Senegal is the U.S.’ fourth-largest source of wigs.
⮕ PPI's Trade Fact of the Week ([link removed])
NEW PPI REPORT
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Government programs that benefit most Americans can only be sustained if most Americans are willing to pay for them. But for more than two decades, U.S. political leaders have kept taxes far below the level needed to pay for growing social spending on programs like Social Security and Medicare.

A new PPI report argues that President Biden and the Democratic Party should move beyond Biden’s 2020 pledge not to raise taxes on any household making under $400,000. Author Ben Ritz explains the need for pragmatic progressives to push Democrats to soften this tax pledge if they want to bolster public investment in a fiscally sustainable way.

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Also featured in Politico Weekly Tax ([link removed]) :
"'Pragmatic progressives must pressure the Biden administration to soften the president’s misguided tax pledge heading into a potential second term. They must start making the case to voters why progressive programs are worth paying for,' Ritz writes."
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** New Tax Deal Imperfectly Invests in Our Future
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By Laura Duffy
PPI's Policy Analyst, Center for Funding America's Future
for The Messenger ([link removed])
After years of uncertainty, Congress may be on the verge of passing a $78 billion tax package to partially revive an expanded Child Tax Credit and business tax incentives for research and development that expired at the end of 2021. These popular — yet costly — provisions became linked in 2022 by Democrats arguing that benefits for working families should accompany tax breaks for businesses, but compromise has remained elusive until now. Although the deal, introduced Monday by Senate Finance Committee Chairman Ron Wyden (D-Ore.) and House Ways and Means Chairman Jason Smith (R-Mo.), is imperfect, it would temporarily reduce child poverty, incentivize innovation and minimally add to the national debt.

Expanding the Child Tax Credit (CTC) can play a key role in reducing child poverty, which is both a moral imperative and a smart investment in children’s health, educational and economic outcomes later in life. In 2021, Congress temporarily provided a pandemic-era expansion to the CTC to all families. These changes were expensive: If made permanent, they would have cost $1.6 trillion between 2022 and 2031. Yet, instead of adjusting the policy to provide more targeted support, lawmakers allowed the changes to completely expire.

Currently, the full $2,000-per-child value of the CTC isn’t available to many families that need it most.
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Listen Up
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Radically Pragmatic

RAS Reports: Democrats for Education Reform

On this episode of RAS Reports, PPI’s Reinventing America’s Schools Project Co-Director Tressa Pankovits sits down with Jorge Elorza, CEO of Democrats for Education Reform (DFER) and former Mayor of Providence, Rhode Island to discuss the importance of school choice and what voters need to look for in 2024.

Don't Miss These PPI Reports
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Staff Spotlight: Alec Evans

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Communications and Political Affairs Fellow
Alec Evans is a Communications and Political Affairs Fellow at PPI. He also interns as a research assistant at the Wilson Center, where he studies the history of Brazilian nuclear energy. He is currently a master’s candidate at Johns Hopkins University, where he is pursuing a degree in Global Security Studies with a concentration in Energy and Environmental Security. Prior to joining PPI, he worked or interned with the Cohen Group, the Atlantic Council, and the Eurasia Group’s Institute for Global Affairs. He has been published by DefenseNews, the Atlantic Council, and Responsible Statecraft.
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