PRESS RELEASE: GOP’S BAD FAITH DEMANDS TO GUT SCHOOL, ELDERLY FUNDING FROM JOBS PLAN PROVES THEY AREN’T SERIOUS NEGOTIATING PARTNERS 

FOR IMMEDIATE RELEASE
April 14, 2021

Contact: 
Maddy McDaniel, Communications Director

[email protected] or 914-471-7716

GOP’S BAD FAITH DEMANDS TO GUT SCHOOL, ELDERLY FUNDING FROM JOBS PLAN PROVES THEY AREN’T SERIOUS NEGOTIATING PARTNERS 

Any proposal that guts the funding in the American Jobs Plan for schools, U.S. manufacturing and the elderly is “not a compromise or serious counter-offer — it’s a joke.”

“…the lack of seriousness from Republican senators puts the White House well within its rights to just move on to reconciliation.” 

WASHINGTON, DC — Today, we got more evidence that Republican senators aren’t acting in good faith when it comes to President Joe Biden’s American Jobs Plan. West Virginia Senator Shelley Moore Capito (R-WV) is now suggesting they cut funding for schools and the essential workers caring for the elderly — dismissing them as, “all of these kinds of things.”

“The Biden administration has been very clear from day one that they are eager to work in good faith across the aisle to create millions of high paying jobs by addressing the enormous underinvestment in our nation’s infrastructure. However, Republican attempts to throw funding for the elderly, American manufacturing, and schools under the bus is not a compromise or serious counter-offer — it’s a joke. And not a very funny one,” said Zac Petkanas, senior advisor for Invest in America Action. “By suggesting we abandon our essential care workers and school children, all Senate Republicans have achieved is proving once again they have zero interest in coming to the negotiating table in good faith. While it’s commendable that the Biden administration continues to extend their hand to those who always bite them, the lack of seriousness from Republican senators puts the White House well within its rights to just move on to reconciliation.”

According to the American Society of Civil Engineers, which gave West Virginia a D grade on infrastructure, the state faces a $265 million expenditure gap in school expenditures alone — one of the very “things” Senator Capito is eager to scrap from the American Jobs Plan. 

Americans need major public investments to address the problems exacerbated by the pandemic.  

  • The U.S. labor market is still down over 8 million jobs from pre-pandemic levels.
  • According to the American Society of Civil Engineers (ASCE), the United States faces a $2.59 trillion shortfall in infrastructure investment and $5.9 trillion in infrastructure needs, including rebuilding and repairing roads, bridges, schools, and protecting access to clean water.
  • ASCE predicts that failure to address the nation’s crumbling infrastructure could cost the United States $10 trillion in GDP, more than $23 trillion in total output, 3 million jobs, and more than $3,300 in a family’s annual disposable income.

Infrastructure and economic experts agree that a multi-trillion dollar investment in infrastructure will boost the economy by creating millions of jobs and increasing productivity.

  • S&P Global projects that the Build Back Better plan’s public infrastructure investments will generate 2.3 million jobs by 2024, inject $5.7 trillion into the economy, and increase per-capita income by $2,400.
  • According to the Economic Policy Institute, infrastructure investments are consistently estimated to provide greater economic stimulus than almost any form of a tax cut.
  • Increased public infrastructure investments increase output in both the short and long term, per the International Monetary Fund.

About Invest in America

Invest In America is a national rapid response operation advocating for robust public investment to rescue the economy from the COVID crisis and create prosperity for the future, and to fight back against fear-mongers who use deficit concerns as a scapegoat to starve American communities and businesses of resources.

The operation consists of two components: Invest in America, the charitable and public education arm, which is a fiscally sponsored project of Economic Security Project funded by the William and Flora Hewlett Foundation and Economic Security Project co-chair Chris Hughes; and Invest in America Action, the advocacy and social welfare arm, which is a fiscally sponsored project of Economic Security Project Action funded by Chris Hughes and the Omidyar Network.

Learn more at InvestInAmericaNow.com and @InvestNowUSA, and InvestinAmericaProject.com.

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