WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded a proposal by U.S. Senator Ron Wyden, Chairman of the Senate Finance Committee, that would eliminate tax breaks for Russian oligarchs and bar companies from claiming foreign tax credits for levies paid to Russia and Belarus. Last month, CPA called for trade and financial…
Summary Sanctions on Russia are devastating to the Russian economy Power of the sanctions is due to concerted international action, not to the US role as world’s “reserve currency” U.S. economic power owes more to the size of U.S. economy than to dollar’s reserve status Dollar overvaluation continues to be a huge problem for U.S.…
CPA submitted the following public comment to the U.S. Department of Homeland Security in response to the Notice Seeking Public Comments on Methods To Prevent the Importation of Goods Mined, Produced, or Manufactured With Forced Labor in the People’s Republic of China, Especially in the Xinjiang Uyghur Autonomous Region, Into the United States (Docket No.…
Hot wars, trade wars, and global pandemics all reveal how the U.S. economy has grown too dependent on foreign sources for key items needed for economic and national security.
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded a bipartisan letter led by Senators Rob Portman (R-OH) and Sherrod Brown (D-OH) to Commerce Secretary Gina Raimondo urging her to accept the anti-circumvention petition filed by Auxin Solar, Inc., a U.S. headquartered company that manufactures solely in America, requesting that the U.S. Department…
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…
WASHINGTON — The Coalition for a Prosperous America (CPA) applauded the White House’s announcement that it is creating a Made in America Council, a new interagency effort to help coordinate and advance the Made in America Office’s work across the entirety of the Federal Government. The Council will seek to advance the administration’s Made in…
The House Committee on Energy and Commerce discussed the future of electric vehicles, the infrastructure required to get them on the road, and deep concerns regarding energy security.
WASHINGTON — The Coalition for a Prosperous America (CPA) today condemned the removal of a provision, in the Russia sanctions bill, that would repeal permanent normal trade relations (PNTR) status for Russia. Earlier this week, the House of Representatives planned to move forward with bipartisan legislation that would ban imports of Russian energy, revoke Russia’s…