DemDaily: A Conversation: Infrastructure Bank and the Election
September 17, 2020
The crisis at hand: Not only is the nation reeling under the impact and mismanagement of the COVID crisis, but the economic fallout threatens to become a runaway train. We need a powerful financial driver which will rebuild the real industrial and manufacturing economy, and the most proven answer is a massive infrastructure program.
| The Democratic Party Platform calls for the creation of a public Infrastructure Bank, dedicated to investments which would "build infrastructure projects of national or regional significance, including in rail and transit, clean energy and water infrastructure, broadband, and affordable housing. Projects that receive assistance from the bank will be required to follow Buy America and Buy Clean provisions, pay Davis-Bacon prevailing wages, utilize project labor agreements, and ensure employers remain neutral in workers' organizing efforts." |
Join the Rhode Island Democratic Party, labor leaders, elected officials, economic and infrastructure experts for a virtual conversation on H.R. 6422, "The National Infrastructure Bank Act of 2020."
"The National Infrastructure Bank Act of 2020" (H.R. 6422) is sponsored by Congressman Danny Davis (IL)
Event: A Platform for Victory! The National Infrastructure Bank and the Presidential Election: $4 Trillion & 25 Million New Jobs
Time: 7:00pm ET
Register: HERE
Moderator: Jack Hanna, Biden Delegate; former Treasurer and Interim Chairman, Pennsylvania State Democratic Party
Speakers from over a dozen states include:
* State Senator Louis DiPalma, Rhode Island Co-Chair Biden Presidential Campaign; Democratic National Convention Delegate
* State Representative Robert Williams, Democratic National Convention Delegate, South Carolina
* State Representative Joseph Ciresi, Limerick Township, Pennsylvania
* Allegheny County Councilwoman Anita Prizio; Democratic National Convention Delegate, Pennsylvania
* Jason Parker, President, Virginia State Building and Construction Trades Council, At-Large Member Executive Council, Virginia State AFL-CIO
* Thomas Carey, President, Westchester-Putnam Counties
AFL-CIO Labor Board; White Plains, New York
* Erika White, President CWA, Local 4319; Vice-President
NorthWest Ohio AFL-CIO, Toledo, Ohio
* Carolyn Akili, Political Coordinator, IUOE Local 501,
Los Angeles, California
* Robert Lynn, Organizer, United Association Local 50 (ret), Toledo, Ohio; Labor Coordinator, Coalition for a National Infrastructure Bank
* Lamar Lemmons, Chief of Staff, Michigan State Senator Betty Jean Alexander; former President, Detroit Board of Education
* Alphecca Muttardy, Macroeconomist; Economic Policy Director,
Coalition for a National Infrastructure Bank, Fairfax, Virginia
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The proposed National Infrastructure Bank is modeled on the principles of national banking developed first by Treasury Secretary Alexander Hamilton. Similar National Banks were successfully used by four great US Presidents to build our nation: George Washington, John Quincy Adams, Abraham Lincoln and Franklin Roosevelt
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FDR employed the Policy during the Great Depression (Click)
With this policy Democrats can win at every level, from the statehouse to the White House!
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