CPA Praises Biden’s Proposal to Tax Multinationals: A Major Breakthrough to End Corporate Profit Shifting

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…

CPA Testifies at Commerce Department Forum on Crisis Facing U.S. Semiconductor Industry

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…

CPA Applauds Legislation to Prohibit Federal Funds from Purchasing Chinese Solar Products

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…

CPA Applauds Coons, Rubio Joint Resolution Condemning China’s Genocide Against Uyghurs

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded Senators Chris Coons (D-DE), Marco Rubio (R-FL), Ed Markey (D-MA), Bill Hagerty (R-TN), Tim Kaine (D-VA), and Mitt Romney (R-UT) for introducing a resolution condemning the Chinese government and Communist Party’s genocide against the Uyghurs and other ethnic minorities in the Xinjiang Uyghur Autonomous…

CPA, China Tech Threat Release White Paper on Semiconductors, Countering China’s Threats

WASHINGTON — The Coalition for a Prosperous America (CPA) and China Tech Threat today jointly released a white paper titled “Maintaining U.S. Leadership in Semiconductors and Countering China’s Threats.” The paper examines the decline in U.S. market share in global semiconductor manufacturing, the attendant risks to U.S economic and national security, and why maintaining U.S.…

CPA Applauds funding for DPA in COVID Relief Package

WASHINGTON — The Coalition for a Prosperous America (CPA) today praised the COVID relief package signed into law by President Joe Biden for including $10 billion in federal funding for the Defense Production Act (DPA). CPA supports reshoring supply chains in critical industries, including essential generic drugs and personal protective equipment (PPE). The COVID-19 pandemic…