Macroeconomic Analysis: Clean Energy = Jobs, Jobs, Jobs
Do you know about the 48C Advanced Energy Manufacturing Tax Credit? You probably haven’t, but you should, because it’s a favorite of none other than the infamous Senator Joe Manchin.
Our new macroeconomic analysis finds the 48C Tax Credit will create 140,000 jobs nationwide and add over $27 billion to GDP. Even better? It can create 15% to 30% more jobs if paired with the CEPP.
Read the full report here. Anyone want to help us get this on Manchin’s desk? 👀
Congresswoman Rosa DeLauro: Make the Child Tax Credit Permanent
If you’re an avid reader of this newsletter you know that we’re big fans of the White House’s Child Tax Credit, and this week we had the OG of the CTC on the Data for Progress blog to talk about why we need to permanently extend it. Congresswoman Rosa DeLauro’s blog isn’t just a must-read — it also highlights the latest polling from our war room Fighting Chance for Families (a project with Groundwork Collaborative). Check it out:
“In the short time between its passing and its expiration, the expanded Child Tax Credit will have lifted the burden of this ongoing pandemic off the backs of parents and provided a much-needed shot in the arm of our nation’s small businesses.
The Census Bureau found that hunger among families with children fell by a quarter after the first checks of the expanded credit were distributed to families. And Columbia University found that the credit lifted 3 million children out of poverty after just the first check. Recent analysis from the Niskanen Center estimates that such a credit will generate $27.6 billion in additional spending for our economy, produce an estimated $1.9 billion in revenue for local governments, and provide support for more than half a million new jobs.
This all means more jobs and economic growth going to communities that need it — and fewer families going hungry. Why should we let the expanded Child Tax Credit expire after bearing witness to all this progress we have felt in just three short months?”
Read the full blog here.
From Data for Progress
Blog: Congresswoman Rosa DeLauro: A Permanent Child Tax Credit Isn’t Just What Our Economy Needs — It’s What Voters Want.
Blog: New York State Senator Andrew Gounardes: It’s Time for Big Tech to Pay Their Fair Share
Blog: Voters Support Fully Funding Lead Pipe Removal
Blog: Liberal States and Cities Have Options to Protect Abortion Access
Blog: Undemocratic and Unsupported: Americans Overwhelmingly Oppose the Federal Government’s Takeover of Puerto Rico’s Finances
Memo: The CEPP Amplifies the Jobs Impacts of the 48C Tax Credit
Memo: Voters in 12 Key States Support the Build Back Better Agenda
DFP In The News
The New York Times: Joe Manchin Doesn’t Know What He’s Missing
Politico: House E&C seeks major boost to FTC privacy efforts
CNBC: America’s ‘unworkable’ child-care system is failing families, Treasury Department says
Salon: Democrats may torpedo their big plan: Shielding billionaire wealth, making it tougher to get aid
CNBC: NY Attorney General Letitia James held private talks about running for governor in wake of Cuomo resignation
Five Thirty Eight: How The Fight Over Abortion Access Might Affect The 2022 Midterms
Independent: Majority of Florida voters, including Republicans, say schools should have freedom to set mask rules
The American Independent: New poll shows voters aren't buying GOP attacks on Biden's 'Build Back Better' plan
The American Prospect: House, Senate Spar Over Reducing Drug Prices
Newsweek: California Recall Risks Becoming Another Disputed Election as Larry Elder Talks Up 'Voter Fraud'
Pennsylvania Capital Star: Poll: Majority of Pa. residents want fracking to end
WIS Business: Protect Our Care: In Wisconsin, strong support for prescription drug price reforms
WXPR: WI caregivers say poll underscores need for 'Build Back Better'
WMUR: NH Primary Source: Progressive groups’ poll shows NH support for Biden’s $3.5T budget plan
Up North News: New Poll Finds Biden Agenda Has Strong Bipartisan Support in Wisconsin
WFLA: New poll shows DeSantis approval falling as Republicans welcome fight over more COVID-19 restrictions
WSJM: Michigan Groups Urge Congress to Invest in “Care Economy”
City and State Pennsylvania: Brendan Boyle and fellow progressives push hard for a wealth tax
Florida Politics: Physicians group poll finds strong support for masks in schools
Maine Beacon: Federal budget bill could finally address Maine’s lead pipe hazard
Home Care: 5 Question With Health Care Activist Ady Barkan
KTSM: Congresswoman Escobar explains how immigration reform could bolster economic recovery
Florida Politics: Sunburn — The morning read of what’s hot in Florida politics — 9.15.21
The Washington Newsday: Two Days Before the California Recall Election, Here’s Where Gavin Newsom Stands in Polls.
Common Dreams: 'Unacceptable': 3 Corporate Dems Threaten to Block Drug Pricing Reform in Reconciliation Bill
Pro Market: A New Browser Extension Aims to Bring Transparency to Big Tech Funding
Counterpunch: How Congress Can Prevent the Next Pandemic
On Social
|