CPA Model Shows Manufacturing Tax Credits Boost U.S. Economy by 6.3%, Create 11 Million Jobs

Key Points The CPA Pro-Growth Model provides superior analysis of the impact of changes in trade and industrial policies and their impact on the U.S. economy. Tax credits for all U.S. manufacturing sectors would stimulate the economy, create 11.2 million new jobs, and increase real household income by 9.1%. Real GDP would grow by 6.3%.…

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CPA Applauds Congresswoman Tenney’s PILLS Act, Legislation to Boost U.S. Domestic Production of Generic Medicines

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the introduction of the Producing Incentives for Long-term Production of Lifesaving Supply of Medicines (PILLS) Act by Congresswoman Claudia Tenney (R-NY) which would incentivize the strategic reshoring of U.S. domestic production of generic medicines with a domestic production-based tax credit, domestic content bonus credit,…

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U.S. Solar Manufacturer Suniva Restarts Operations Thanks to Inflation Reduction Act Tax Credits

WASHINGTON — The Coalition for a Prosperous America (CPA) today welcomed news that Suniva, the U.S.’s oldest and largest solar cell manufacturer, will restart operations next year , in part as a result of tax credits and domestic content provisions in the Inflation Reduction Act (IRA), coupled with existing safeguard and enforcement mechanisms. CPA is…

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CPA Testifies at Homeland Security Subcommittee Hearing on De Minimis Loophole, UFLPA Enforcement

WASHINGTON — The Coalition for a Prosperous America’s (CPA) CEO, Michael Stumo, today testified before the House Homeland Security Subcommittee on Oversight, Investigations, and Accountability in a hearing titled, “Exploitation And Enforcement: Evaluating the Department of Homeland Security’s Efforts to Counter Uyghur Forced Labor.” Stumo’s testimony focused on the de minimis, an import loophole non-market…

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