Economy

Since the beginning of the COVID-19 pandemic, the U.S. economy saw unprecedented chaos and one of the swiftest recessions in history. We are now experiencing a period of extraordinary growth and recovery, helped along by critical investments in the economy like the Inflation Reduction Act, the Infrastructure Investment and Jobs Act, and the CHIPS and Science Act. These recent legislative successes are already working to bring down energy and healthcare costs, upgrading and expanding transportation links, and rebuilding American manufacturing in key sectors like clean energy and semiconductors.

We need to build on this foundation with an economic action plan that works for all American families. We must raise the minimum wage, end government shutdowns and brinksmanship over spending, and promote tax policies that empower workers and grow the middle class.

My near-term priorities include lowering housing prices by incentivizing the construction of new affordable homes, guaranteeing universal paid leave for all workers, putting money back in the pockets of parents by reinstating the expanded Child Tax Credit, and asking the wealthy and large corporations to pay their fair share in taxes to finance further investments in American workers and infrastructure.