Tammy Baldwin on Welfare & PovertyDemocratic Representative (WI-2) | |
The Stronger Way Act establishes a new transitional jobs grant program. This will build a new federal partnership with state and local governments, businesses, and non-profit organizations.
The Stronger Way Act increases the rate at which the Earned Income Tax Credit phases in for working families with children to both encourage work and target additional dollars to low-income working families. Workers with earnings above 50% of the poverty line receive the maximum EITC. This tax reform would reward work and benefit 63 million people, including nearly 29 million children of working parents. Currently, a childless adult working full-time and earning minimum wage receives little to no Earned Income Tax Credit and can be taxed into poverty. We need to make work pay for everyone by extending this tax credit to workers without children.
A BILL to require the President to develop and implement a comprehensive strategy to further the United States foreign policy objective of promoting the reduction of global poverty, the elimination of extreme global poverty, and the achievement of the Millennium Development Goal of reducing by one-half the proportion of people worldwide, between 1990 and 2015, who live on less than $1 per day.
REQUIREMENT TO DEVELOP COMPREHENSIVE STRATEGY: The US Government shall develop and implement a comprehensive strategy to further the US foreign policy objective of promoting the reduction of global poverty, the elimination of extreme global poverty, and the achievement of the Millennium Development Goal of reducing by 1/2 the proportion of people worldwide who live on less than $1 per day. The strategy shall include specific and measurable goals, efforts to be undertaken, benchmarks, and timetables to achieve the objectives.
Economic inequality is the result of two and a half decades of government policies and rules governing the economy being tilted in favor of large asset owners at the expense of wage earners. Tax policy, trade policy, monetary policy, government regulations and other rules have reflected this pro-investor bias. We propose the introduction or reintroduction of a package of legislative initiatives that will close America’s economic divide and address both income and wealth disparities.