WASHINGTON — The House of Representatives passed the America COMPETES Act today, which includes dozens of amendments offered by Congressional Progressive Caucus members. Progressives’ legislative inclusions to the bill will advance increased corporate accountability for firms receiving federal subsidies, promote gender and racial diversity in the technology sector, ensure strong human rights protections for U.S. security cooperation abroad, and strengthen climate action in the legislation. 

The America COMPETES Act will spur greater American production of chips, strengthen U.S. supply chains and strengthen American manufacturing, and advance U.S. scientific excellence and research. Thanks to CPC members’ amendments, the bill will also include: policies to track carbon emissions and increase green climate funding, ensure women and workers of color are not left out of job creation in manufacturing, prevent U.S. funding to countries with histories of human rights abuses, and insert guardrails against corporate self-enrichment. Through the amendment process, the Caucus also secured the first vote in Congress on U.S. sanctions policy in Afghanistan and its humanitarian effects on civilian mortality and refugee outflows. 

Representative Pramila Jayapal (WA-07), chair of the Congressional Progressive Caucus, said: “The CPC is committed to using every opportunity to ensure that U.S. policy is grounded in equity and fair treatment at home and abroad, and takes on the most urgent crises of our time, especially the climate crisis. Our members brought their unique experience and perspectives to identify COMPETES as such an opportunity, and mobilized to ensure that the bill included key progressive priorities.”

Congressional Progressive Caucus members’ amendments that were incorporated into the America COMPETES Act include:

  • Amendment No. 21 by Rep. Jamaal Bowman (NY-16) Waives cost-sharing requirements for certain National Science Foundation grant programs related to STEM education for a period of 5 years.

  • Amendment No. 31 by Rep. Cori Bush (MO-01) — Directs the Secretary of State, in coordination with the USAID Administrator, to expand global testing capacity, vaccination distribution, and acquisition needed medical supplies, including available COVID–19 vaccines, to ensure success in ending the pandemic globally.

  • Amendment No. 32 by Rep. Cori Bush (MO-01) — Conducts a comprehensive assessment to measure the impact of oil spills and plastic ingestion on sea life

  • Amendment No. 34 by Rep. Cori Bush (MO-01) — Codifies the Biden Administration’s commitment to deploy 30 gigawatts of offshore wind energy in the United States by 2030

  • Amendment No. 36 by Rep. Cori Bush (MO-01) — Studies the impacts of US and multilateral regulations and sanctions, including the environmental and public health impacts of natural resource exploitation

  • Amendment No. 46 by Rep. Judy Chu (CA-27) — Expresses the sense of Congress on the importance of opposing the targeting of Chinese researchers and academics based on race

  • Amendment No. 67 by Rep. Veronica Escobar (TX-16) — Includes environmental defenders to mitigate the impacts of climate change and work with allies and partners to ensure a level playing field exists when it comes to climate action

  • Amendment No. 74 by Rep. Veronica Escobar (TX-16) Prohibits the use of any funds authorized to be appropriated or otherwise made available under this Act to be used for publicity or propaganda purposes not authorized by the Congress

  • Amendment No. 89 by Rep. John Garamendi (CA-03) – Inserts H.R. 4996, the Ocean Shipping Reform Act, to establish reciprocal trade to promote U.S. exports and require ocean carriers to adhere to minimum service standards that meet the public interest.

  • Amendment No. 105 by Rep. Raúl Grijalva (AZ-03) — Establishes an Office of Education Technology in the Bureau of Indian Education

  • Amendment No. 115 by Rep. Jared Huffman (CA-02) — Directs the Secretary of Commerce to increase the number and diversity, equity, and inclusion of STEM professionals working in the National Oceanic and Atmospheric Administration mission relevant disciplines

  • Amendment No. 123 by Rep. Sara Jacobs (CA-53)Ensures no International Military Education & Training program funds are authorized to be appropriated to any foreign security forces unit if the Secretary of State determines that such forces have engaged in a pattern of gross violations of internationally recognized human rights

  • Amendment No. 125 by Rep. Pramila Jayapal (WA-07)Requires the Comptroller General to submit a report to Congress on the number and amount of rewards under the CHIPS for America Fund and Public Wireless Supply Chain Innovation Fund disaggregated by recipients of each such award that are majority owned and controlled by minority individuals and majority owned and controlled by women.

  • Amendment No. 144 by Rep. Brenda Lawrence (MI-14) Clarifies that research into urban and rural water and wastewater systems also includes low-income, disadvantaged, and underserved communities

  • Amendment No. 148 by Rep. Teresa Leger Fernández (NM-03) Authorizes $240 million in Economic Adjustment Assistance funding to promote economic development for communities reliant on the energy and industrial sectors

  • Amendment No. 150 by Rep. Mike Levin (CA-49) Adds the text of the Public Land Renewable Energy Development Act, which promotes the responsible development of wind, solar, and geothermal resources on public lands by prioritizing development in strategic areas; facilitating smart siting and efficient permitting of projects in places with high energy potential and lower wildlife, habitat, and cultural resource impacts; and updating revenue sharing for these projects to ensure that states and counties get fair returns.

  • Amendment No. 158 by Rep. Carolyn Maloney (NY-12) Encourages the recruitment and retention of women and minority students into STEM fields. Establishes a competitive grant program to develop and implement programs to increase the participation of women and minorities in STEM. Supports activities include mentoring and internship programs, and outreach to women and minority K-12 students

  • Amendment No. 163 by Rep. Grace Meng (NY-06) Expresses a Sense of Congress condemning anti-Asian racism and discrimination

  • Amendment No. 170 by Rep. Alexandria Ocasio-Cortez (NY-14)Prevents companies from using any of the funds allocated under Creating Helpful Incentives to Produce Semiconductors (CHIPS) fund from being used on stock buybacks or the payment of dividends to shareholders

  • Amendment No. 192 by Rep. Mark Pocan (WI-02) — Authorizes the U.S. International Development Finance Corporation to invest in the vaccine cold chain (the refrigerated supply chain needed for vaccine production, storage, distribution and delivery) as well as vaccine manufacturing so that less developed countries are equipped to deliver COVID vaccines produced by the global community

  • Amendment No. 194 by Rep. Katie Porter (CA-45) — Incorporates national security threats related to climate change into a statement of policy on U.S. international priorities

  • Amendment No. 201 by Rep. Ayanna Pressley (MA-07) Requires the Director of the National Institute of Standards and Technology to create an office to study bias in the use of artificial intelligence systems and publish guidance to reduce disparate impacts on historically marginalized communities

  • Amendment No. 259 by Rep. Nikema Williams (GA-05) Ensures grants from the National Science Foundation can be used for the professional development and mentorship of student and faculty researchers at HBCUs, TCUs, and MSIs. 

  • Amendment No. 260 by Rep. Andy Levin (MI-09)Amends Title III by broadening Pell Grant eligibility to high-quality short term skills and job training programs and establishes a secure and privacy-protected data system that contains information about postsecondary student academic and economic outcomes.

Additional amendments from CPC members that were introduced and received a floor vote include:

  • Amendment No. 22 by Rep. Pramila Jayapal (WA-07) on behalf of Rep. Jamaal Bowman (NY-16) — Directs the State Department, in coordination with the Department of Energy and in consultation with appropriate agencies, to report on the impact of US sanctions on innovation, emissions reduction, climate cooperation, and economic justice.

  • Amendment No. 124 by Rep. Pramila Jayapal (WA-07) — Requires a report on the humanitarian impacts of U.S. and multilateral sanctions in Afghanistan, including on mortality rate and refugee outflows; impacts of such sanctions on the influence of the People's Republic of China in Afghanistan; and the impact on illicit financial activities between the People's Republic of China and affiliated entities in Afghanistan in the event of the collapse of Afghanistan’s banking system.

WASHINGTON — Representative Pramila Jayapal (WA-07), chair of the Congressional Progressive Caucus, issued the following statement as the new $15 an hour minimum wage for federal contractors went into effect:

“Today, the minimum wage for federal contractors has finally been raised to $15 an hour. This raise will affect hundreds of thousands of workers, who will no longer be forced to labor for starvation wages under the employment of the federal government. The Progressive Caucus fought hard for this rule — and while the change is long overdue, it is no less laudatory. It is no exaggeration to say that, thanks to President Biden, the new minimum wage will be life changing for these workers and their families.

“As we celebrate the implementation of this rule today, we must redouble our efforts to increase the wages of all workers. The federal minimum wage has been stuck at a woeful $7.25 an hour for thirteen years. Meanwhile, costs of living have steadily increased, and billionaire wealth — made on the backs of these workers — has skyrocketed, including during the pandemic. We cannot tolerate such shameful and extreme inequality any longer.

“The Progressive Caucus has been one of the leading advocates for raising wages, both through executive action and legislation. In addition to today’s increase, the CPC pressed previous administrations to raise federal contractors’ wages in 2013 — advocacy that successfully secured a raise to $10.10 an hour — and 2017. Ours was the first caucus to support a $15 minimum wage, introducing the Pay Workers A Living Wage Act in 2015.  In 2019, the CPC helped lead the House to pass the Raise The Wage Act in 2019, and in 2021, we led the effort to secure a $15 minimum wage in the COVID relief package last year — all of which have been blocked by the Senate. In 2022, we must finally end or reform the filibuster and secure a living wage for every worker in this country.”

WASHINGTON — Representative Pramila Jayapal (WA-07), chair of the Congressional Progressive Caucus, issued the following statement on the path forward for the President’s domestic legislative agenda:

“In the months since negotiations around the Build Back Better Act stalled, the case for this legislation has only become more urgent. Public housing residents have endured devastating fires, the cost of insulin and other prescription drugs continue to crush working people, and parents are desperate for child care support. This desperately needed relief cannot be delayed any longer.

“Today, we are calling for President Biden and Senate Democrats to pass the Build Back Better Act by March 1, so the President can use the power of the State of the Union platform to share with the nation the relief that people will soon receive.

“This is both achievable and necessary. There is agreement among Senate Democrats on significant parts of this bill: climate action, the care economy, taking on Big Pharma’s price gouging, and lowering health care costs. There is agreement on the need to reduce rising costs facing ordinary Americans — and that is exactly what Build Back Better does. The White House and Congressional Democrats confronted the crisis of the pandemic to pass the historic American Rescue Plan as well as the Infrastructure Investment and Jobs Act, creating millions of jobs. It’s past time to bring that same commitment to delivering Build Back Better.

“Eighty-one million people voted for this President’s agenda, and they were promised results. For the state of our union to truly be strong — in a way that working people can feel in their lives  — now is the time for Democrats in the House and Senate to make good on those promises, enact the President’s vision, and pass the Build Back Better Act.”

WASHINGTON — Thirty members of the Congressional Progressive Caucus called on the Biden administration today to fulfill the President’s commitment of international cooperation and global leadership by increasing its efforts to bring an end to the COVID-19 pandemic worldwide and reduce global inequities in public health resources.

In a letter to the President and COVID-19 Rapid Response Coordinator Jeffrey Zients, the members write: “As new data emerges about the quickly spreading Omicron variant, we know that the longer the global pandemic is allowed to run rampant, new, more virulent variants will continue to threaten health and economic wellbeing across the planet.” The lawmakers warn that the COVID-19 pandemic, which has produced nearly 5.5 million deaths globally “will continue ravaging the globe if inequity and apathy prevail,” while the “harm to U.S. public health and the economy if vaccine-resistant variants are allowed to evolve are almost unfathomable.”

The data on the impact of such inequity is staggering: “Only 7.1 percent of people in low-income countries have received at least one dose, and vaccine supply remains a major problem. With limited technology sharing, low-income countries have depended on inconsistent vaccine donations, which have run behind projections. COVAX, the multilateral platform for distributing vaccines to developing nations, has managed to ship just 544 million doses so far, roughly a third of what it had planned to have sent by now.” 

The lawmakers identify several actions the Biden administration should immediately take:

  • Redouble efforts to pass the Build Back Better Act and restore its full allocation of $8 billion for pandemic preparedness including $2 billion dedicated to global vaccine manufacturing;
  • Call for $17 billion in additional funds to ensure a global 70 percent vaccination rate by mid-2022 in Fiscal Year 2022 appropriations;
  • Redouble diplomatic efforts to share vaccine technology and intellectual property, including encouraging the World Trade Organization to finally issue a waiver for Trade-Related Aspects of Intellectual Property Rights (TRIPS); 
  • Produce billions of mRNA vaccine doses, retaining public control over intellectual property and production to ensure new vaccine capacity serves public interests, rather than subsidizing pharmaceutical corporations;
  • Proactively support global vaccine manufacturing efforts, including compelling resistant pharmaceutical companies to engage in technology transfer by invoking the Defense Production Act and other legal tools; and,
  • Support new global emergency financing to protect low-income countries through the International Monetary Fund, specifically via a new issuance of 1.5 trillion Special Drawing Rights

The lawmakers conclude that “if the administration takes decisive action” on these proposed courses of action, its “goal of vaccinating the world will be realized in short order.”

Signatories on the letter include: Representatives Pramila Jayapal (WA-07), Karen Bass (CA-37), Earl Blumenauer (OR-03), Jamaal Bowman, Ed.D.(NY-16), Cori Bush (MO-01), Andre Carson (IN-07), Yvette D. Clarke (NY-09), Bonnie Watson Coleman (NJ-12), Peter A. DeFazio (OR-04), Adriano Espaillat (NY-13), Sylvia Garcia (TX-29),  Jesús G. “Chuy” García (IL-04), Raúl Grijalva (AZ-03), Mondaire Jones (NY-17), Ro Khanna (CA-17), Teresa Leger Fernandez (NM-03), James P. McGovern (MA-02), Grace Meng (NY-06), Jerrold Nadler (NY-10), Marie Newman (IL-03), Eleanor Holmes Norton (DC), Ilhan Omar (MN-05), Mark Pocan (WI-02), Ayanna Pressley (MA-07), Jan Schakowsky (IL-09), Mark Takano (CA-41), Rashida Tlaib (MI-13), Ritchie Torres (NY-15), Nydia Velazquez (NY-07), and Peter Welch (VT). 

The letter can be found here.

WASHINGTON — Representative Pramila Jayapal (WA-07), chair of Congressional Progressive Caucus, and Representative Barbara Lee (CA-13), chair of the Caucus Peace and Security Taskforce, issued the following statement regarding United States involvement in Ukraine:

“We continue to watch Russia’s threatening behavior towards Ukraine with alarm. There is no military solution out of this crisis — diplomacy needs to be the focus. We support the Biden Administration’s efforts to extend and deepen the dialogue, allowing for robust negotiations and compromise.

“We have significant concerns that new troop deployments, sweeping and indiscriminate sanctions, and a flood of hundreds of millions of dollars in lethal weapons will only raise tensions and increase the chance of miscalculation. Russia’s strategy is to inflame tensions; the United States and NATO must not play into this strategy.

“In past crises, where events are moving quickly and intelligence is unclear, vigorous, delicate diplomacy is essential to de-escalation. We call upon our colleagues to allow the administration to find a diplomatic way out of this crisis.”

WASHINGTON — Representative Pramila Jayapal (WA-07), chair of Congressional Progressive Caucus, issued the following statement in response to the failed Senate vote to reform the chamber’s rules and pass voting rights legislation:

“As representatives elected to serve the interests of the American people, our most fundamental responsibility is ensuring that those people can access the ballot box. Today, despite Leader Schumer and many Democrats’ best efforts, the U.S. Senate failed to uphold that responsibility.

“We applaud Senator Schumer’s dogged persistence in this fight, and his commitment that this will not be the last time Senators are forced to take this vote. As he and our colleagues have made clear, there is no excuse for this failing. When tested against logic and reason, every argument for protecting the filibuster over voting rights comes up short.

“Critics of rules reform on both sides of the aisle have claimed that the filibuster promotes bipartisanship, when in fact, it only serves to block any legislation from actually being passed. They claim it will create a slippery slope of changes, when in fact, the rule has already changed more than 161 times just since 1969. They argue it protects the voice of the minority — but as evidenced by 50 Republicans representing 41,549,808 fewer people than the 50 Democrats, the Senate is already built to protect it. They pretend there is no crisis of voter suppression, when it is well documented that 2021 was the worst year for restrictive state voting laws in decades.

“We know why Republicans are standing on the wrong side of history today. Their party is beholden to the Big Lie that former President Donald Trump never lost the 2020 election, who himself has said that his party can’t win unless fewer people vote.

“Despite this outright hostility from the Republican Caucus to democracy, Congress must continue to push for a path forward. In the meantime, we urge the Attorney General and the Department of Justice to use their authority under the Voting Rights Act and aggressively challenge unconstitutional laws.

“To everyone who took to the streets and poured their hearts into this fight: we see you, we hear you, we echo your frustration at this outcome. And we promise you that progressives in Congress are not giving up. This will not be the end.”

WASHINGTON — Representative Pramila Jayapal (WA-07), chair of the Congressional Progressive Caucus, issued the following statement on the anniversary of the January 6, 2021 attack on the Capitol:

“One year ago today, America experienced the deadliest and most destructive attack on the United States Capitol since the War of 1812. Members of Congress, staff, and press endured terrifying hours as rioters ransacked the halls and attacked Capitol Police officers in an attempt to overthrow the election. The 700,000 residents of D.C. sheltered in their homes in fear that this violence would spill onto the streets and visit members of their communities. The events of that day brutally shattered the illusion that our democracy, and the building that performs its functions, could not be breached. 

“January 6 was the most visible day of violence — but in reality, the events that led to the insurrection began long before former President Trump encouraged rioters to march on the Capitol. For years, Republicans in state legislatures, courts, and Congress have engaged in a more covert attack, chipping away at free and fair elections and taking direct aim at Americans’ constitutional rights and our democracy.

“Since the Supreme Court gutted the Voting Rights Act in 2013, state legislatures have enacted hundreds of laws designed to reduce the political power of communities of color, young people, the elderly, people with disabilities. The racist voter suppression that the justices claimed was a relic of the past came roaring back with a vengeance, such that 2021 became the worst year for restrictive state voting laws in a decade; legislatures filed more than 440 bills and enacted laws in 19 states. At the same time, the Republican party pushed incendiary lies about voter fraud and Democrats stealing elections from the highest levels. It was on this tidal wave of anti-democratic activity and rhetoric that the January 6 rioters descended on Washington and attacked the Capitol. And the attack has continued since, with partisan actors driving unfounded election audits, violent threats on election officials, and the passage of laws explicitly allowing partisan interference with election results, in direct backlash to the 2020 election.

“That is why this anniversary calls not only for commemoration, but also for action — urgently. If Congress fails to pass legislation to secure the right to vote and protect Americans’ democratic freedoms, we invite these attacks to continue. We cannot allow Republicans’ lies or arcane Senate rules to stand in the way of Congress upholding its most basic constitutional responsibilities. We applaud Majority Leader Schumer for his determination in pushing voting rights restoration forward in the upper chamber, and Progressives are committed to doing whatever it takes to ensure he succeeds. The most basic promise of American democracy is that every person’s voice must be heard and vote counted. We cannot fail.”

WASHINGTON — Representative Pramila Jayapal (WA-07), chair of the Congressional Progressive Caucus, announced today that the membership of the CPC voted to endorse legislation to expand the United States Supreme Court by four seats, bringing the number of seated justices to 13. The Judiciary Act of 2021 was introduced in the House by three CPC members, Representatives Jerrod Nadler (NY-10), Hank Johnson (GA-04), and Mondaire Jones (NY-17), and in the Senate by Senator Ed Markey (D-MA).

“After thoughtful consideration, the Progressive Caucus membership has determined that the urgent work to restore American democracy must include expanding the Supreme Court,” said Congresswoman Jayapal. “The current bench was filled by a partisan, right-wing effort to entrench a radical, anti-democratic faction and erode human rights that have been won over decades. In recent years, this court has gutted the Voting Rights Act and public sector unions, entrenched unconstitutional abortion bans, and failed to overturn the blatantly discriminatory Muslim Ban. As a co-equal governing body, Congress cannot sit by while this attack on the constitution continues unchecked. I am proud that our Caucus is joining the fight to expand the court and restore balance to the bench.”

The sponsoring members issued the following statements:

“Our founders understood that as the country evolved, the Supreme Court would need to evolve with it,” said House Judiciary Committee Chairman Nadler. “The Judiciary Act represents a much-needed next step in that evolution by expanding the number of seats on the Court, providing it with the necessary balance to meet the challenges of today and those for many years to come. I am grateful to have the CPC endorsement for this legislation, and I look forward to continuing our efforts to strengthen the legitimacy of the Court and restore power to the people.”

“The critical issues that impact our day-to-day lives – such as voting and civil rights, reproductive freedom, climate justice, and consumer and workers’ rights – are being decided by a GOP-packed conservative supermajority on a United States Supreme Court, which is destroying its own legitimacy with partisan decisions that are upending decades of precedent and progress in this nation,” said Congressman Johnson, chair of the Judiciary Subcommittee on Courts, Intellectual Property and the Internet. “I want to thank Chair Jayapal and the entire Progressive Caucus for endorsing and supporting the Judiciary Act – a bill to expand the Supreme Court that I was proud to introduce last year along with Chairman Jerry Nadler and Rep. Mondaire Jones. The need to expand the Court is necessary to safeguard the liberties of all who live in this country.”

“Over the past year, the 6-3, far-right supermajority on the Supreme Court further gutted the Voting Rights Act, effectively overturned Roe v. Wade by allowing a Texas law to remain intact, and restricted the right of labor unions to organize,” said Congressman Mondaire Jones. “Unless we take action, the Court’s assault on our democracy and our fundamental freedoms will only get worse. But we are not powerless to stop these attacks. The Judiciary Act of 2021, which I introduced with Senator Markey and Representatives Johnson and Nadler, will restore integrity and balance to the Supreme Court by expanding it. A clear majority of Americans supports Court expansion because the people understand what’s at stake, and I’m thrilled that the Congressional Progressive Caucus is with us in this fight. With nearly 50 cosponsors and counting, we are closer than ever to restoring balance to the nation’s highest court and building a judiciary, and a democracy, that work for everyone.”

Brian Fallon, executive director of Demand Justice, added: "After a series of major breakthroughs in 2021, The Judiciary Act is kicking off 2022 with another major endorsement showing more and more Democrats understand it is the only way to restore balance to the Supreme Court. The Congressional Progressive Caucus has been on the cutting edge of fighting for the bold action needed to protect democracy and create an economy that works for everyone, and with this endorsement, the CPC is giving a major boost to the only reform bold enough to rebalance a Supreme Court that currently threatens any progress on issues progressives care about."

“We are thrilled to see the Progressive Caucus under Chairwoman Jayapal, push the movement for Court expansion forward, and applaud Representative Hank Johnson for his leadership on this legislation,” said Sarah Lipton-Lubet, Executive Director of Take Back the Court Action Fund. “Progress on everything from reproductive freedom, to voting rights, to climate change, racial justice, immigration, and the future of democracy itself, requires us to rebalance this Court. And today’s endorsement from the Progressive Caucus is a loud and clear message that we will not let this hyperpartisan 6-3 stolen Court stand in the way of that progress. We will meet the urgency of the moment and expand the Court.”  

WASHINGTON — Representative Pramila Jayapal (WA-07), chair of the Congressional Progressive Caucus and vice chair of the House Subcommittee on Antitrust, Commercial, and Administrative Law, issued the following statement in response to new executive action from the Biden administration to take on corporate price gouging by meat and poultry distributors and lower prices for consumers. According to data released by the White House, “Four large meat-packing companies control 85 percent of the beef market. In poultry, the top four processing firms control 54 percent of the market. And in pork, the top four processing firms control about 70 percent of the market.”

“The most basic mandate of those in government is to do all we can to make life better for the American people, and this executive action represents a real commitment on behalf of the Biden administration to meeting it. During the pandemic, corporations have raked in record profits while continuing to raise prices and squeeze families, consolidating to prevent competition and increasing the burden on small businesses and consumers. The meat processing industry is one of the worst offenders of these monopolistic, unfair practices, and families across America are paying for it.

“This new action is an important example of the power the Executive Branch has to provide material, immediate economic relief for families. While Congress works to pass as much of the Build Back Better agenda as we can, the White House should move quickly to replicate this effort in additional sectors of the economy burdened by a lack of competition and high prices. Bold executive action has the potential to directly benefit the American people by lowering health care costs, cancelling student loans, and acting to address climate change. President Biden has shown he is not afraid to use the power of the pen to fight monopoly power; he should now use this same bold, creative strategy to keep his promises and deliver the agenda that more than 81 million people voted for.”

WASHINGTON — Representative Pramila Jayapal (WA-07), chair of the Congressional Progressive Caucus, issued the following statement in the response to the Biden administration’s announcement it would extend the pause on federal student loans until May 1, 2022:

“As Omicron rages across the country, the Biden administration has made the excellent and necessary decision to use their executive power to extend the pause on federal student loans.  This will allow millions of borrowers to breathe a momentary sigh of relief. As progressives inside and outside of Congress have been saying for months, this will provide critical support to Americans who are struggling to make ends meet, continue Democrats’ successful efforts to lower costs and decrease the burden of inflation, and keep $7 billion in the economy each month the moratorium continues. We appreciate the President heeding this call.

“But the work cannot stop here. The administration must now deliver on the President’s promise to cancel student debt, lowering costs for families at a critical time of tremendous health and economic uncertainty. Given that the Build Back Better Act is still not law — delaying cost-saving measures that were slated to begin in 2022 — we need to take immediate action to put money in people’s pockets and invest in our nation’s continued economic recovery and quest for racial justice. According to the Roosevelt Institute, erasing $50,000 in student loans per person would immediately increase Black wealth by 40 percent. We cannot afford more delays — now is the time for the President to act.”