WASHINGTON — The Coalition for a Prosperous America (CPA) today criticized the Biden administration for undercutting a campaign promise to ensure that U.S. taxpayer dollars would be used to spur investment in the U.S. rather than continue our dependence on foreign supply chains. According to Bloomberg, the Biden administration has withdrawn a World Trade Organization…
Congress is considering a bill to increase US manufacturing competitiveness in relation to China and other countries. The bill could include provisions to provide more credit on better terms to the manufacturing sector. As we deliberate on whether CPA should be supportive, we’d like to hear whether this would make a difference for your business.…
WASHINGTON — The Coalition for a Prosperous America (CPA) today praised a key proposal in the Biden administration’s Pillar 1 offer to the Organization for Economic Cooperation and Development (OECD) that would implement a Sales Factor Apportionment (SFA) for the top 100 multinational corporations. CPA has long called for implementing SFA and changing the way…
WASHINGTON — The Coalition for a Prosperous America (CPA) today provided expert testimony during a virtual forum held by the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) titled, “Risks in the Semiconductor Manufacturing and Advanced Packaging Supply Chain.” The virtual forum is part of the Department of Commerce’s efforts to produce a…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the Keep China Out of Solar Energy Act introduced by Senators Rick Scott (R-FL), Marco Rubio (R-FL), Marsha Blackburn (R-TN), John Kennedy (R-LA), Tom Cotton (R-AR), Shelley Moore Capito (R-WV), Josh Hawley (R-MO), and John Barrasso (R-WY). The legislation would prohibit federal funds from being used to…
Urges Plan to be Paid for with Charge on Glut of Foreign Capital Inflows WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the goals of the American Jobs Plan, the Biden administration’s new infrastructure investment plan. The plan aims to “create millions of good jobs, rebuild our country’s infrastructure, and position…