CPA Stands with Sen. Manchin, Urges Biden Administration to Reject Industry Efforts to Weaken Made in America Electric Vehicle Tax Credits in Inflation Reduction Act

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded a letter from U.S. Senator Joe Manchin (D-WV) to Treasury Secretary Janet Yellen urging the Biden administration to reject industry attempts to relax Made in America rules for electric vehicle tax credits. The Inflation Reduction Act of 2022’s (IRA) ‘s tax credits for Clean…

Biden Administration Must Reject USMCA Tribunal Decision on Auto Rules

Ruling Would Cost U.S. Manufacturers Billions WASHINGTON — The Coalition for a Prosperous America (CPA) today urged the Biden administration to reject the decision  from the U.S.-Mexico-Canada Agreement (USMCA) Panel that seeks to weaken USMCA’s automotive rules of origin. The  regional content rules were a major change from NAFTA intended to boost domestic manufacturing in…

CPA Applauds Rep. Ryan’s Buy America Solar Bill

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded legislation introduced by U.S. Representative Tim Ryan (D-OH) that would boost U.S. solar manufacturing by closing a loophole in the Buy American Act (BAA). Currently, the federal government does not buy solar equipment, only energy via power purchase agreements (PPAs). The PPAs can be…

CPA Welcomes White House “Made in America” Announcements

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the Biden administration’s announcement on a final rule to strengthen domestic content in government procurement of American-made goods, including much-needed updates to strengthen Buy America rules. The new rule, pursuant to the Biden administration’s Executive Order 14005, increases the content threshold for products to…

CPA Calls on Biden Administration to Impose Capital Markets Sanctions on Russia

WASHINGTON —The Coalition for a Prosperous America (CPA) announced its support for increased sanctions on Russian companies and institutions – including capital markets sanctions and secondary sanctions on those who seek to help Russia circumvent U.S. sanctions. CPA commends the actions being taken to excise Russian companies from U.S. markets – but more must be…

War in Ukraine Highlights Critical US Dependencies on Russia-China Axis

War in Ukraine Highlights Critical US Dependencies on Russia-China Axis By Jeff Ferry and Amanda Mayoral   Summary Points The Russian invasion of Ukraine reveals the weakness of US industrial strategy and our over-reliance on imports in manufactured goods and raw materials. The US is import-dependent in many industries critical to US national security. A…