Memo: A Plan for a Clean Jumpstart to Rebuild America’s Economy - Policy Proposals and Guidance
The global COVID-19 pandemic has resulted in an unprecedented economic crisis for the United States and the world. Leaders at each level of government must now confront this crisis with solutions scaled to the scope of the challenge, and the foresight to rebuild the economy for resilience and justice in the 21st century.
America’s economic and political climate reflect the deepest depths of unemployment and inequality since the Great Depression, when the nation found its path to recovery only through the New Deal and a national industrial mobilization to defeat the rise of global fascism. And now, again, our cities, states, and the nation need an economic recovery plan that starts with short-term stimulus and extends beyond with a future-focused strategy to provide a sustained investment package for long-term economic recovery.
Earlier this week, House Democrats put forward their plan for “phase 4” of Coronavirus relief – a $3 trillion package with a heavy focus on aid to states and local governments that are on the front lines of the fight to suppress the pandemic, and whose budgets are facing great stress due to declining revenues brought on by the pandemic-fueled economic crisis.
