A BETTER DEAL: Raising Wages and Incomes
Raise the wages and incomes of American workers and create millions of good-paying jobs: Our plan for A Better Deal starts by creating millions of good-paying, full-time jobs by directly investing in our crumbling infrastructure and prioritizing small business and entrepreneurs, instead of giving tax breaks to special interests. We will aggressively crack down on unfair foreign trade and fight back against corporations that outsource American jobs. We will fight to ensure a living wage for all Americans and keep our promise to millions of workers who earned a pension, Social Security and Medicare, so seniors can retire with dignity.
America’s physical infrastructure—our bridges, railroads, waterways, and airports—are the backbone which supports the rest of the American economy. Significant portions of America’s infrastructure are crumbling and putting our economy further and further behind. The American Society of Civil Engineers estimates that the United States must spend $1.6 trillion above current levels in order to bring our infrastructure into an acceptable state.
That is why Senate Democrats have drafted a Blueprint to Rebuild America’s Infrastructure, one that would make a historic $1 trillion federal investment rebuilding our infrastructure and creating millions of jobs. As part of A Better Deal Senate Democrats will work to make this blueprint a reality, repair our crumbling infrastructure efficiently and create 15 million high paying jobs in the process. Learn more here.
The American economy is no longer working as it should. Too many hard working Americans spend forty hours or more each week at a full time job and still aren’t making enough to make ends meet. The Democratic Party established the first minimum wage in 1938. Since then, all Democrats have been steadfast advocates of keeping that minimum wage high enough to live on—and have voted that way time and again.
As part of the Better Deal, many Democrats are calling to increase the minimum wage to $15 an hour and have cosponsored the legislation to make that happen. A full time job should not keep a family of four in poverty; increasing the minimum wage will provide economic security for all working Americans. Learn more here and here.
When put on a level playing field, American workers are the most competitive in the world. However, America’s trade policies are not working for many working families and small businesses. For too long, big corporations have dictated how trade deals and foreign acquisitions are negotiated and the American worker has been left without a seat at the table.
Democrats are proposing a Better Deal on Trade and Jobs that puts workers and small business first, ahead of corporate special interests. This plan would level the playing field for American workers by ensuring our workers aren’t competing in a race to the bottom on wages and labor protections. This plan would crack down on foreign countries that manipulate trade rules and penalize corporations that outsource American jobs.
- A trade prosecutor who will go after countries like China that cheat the rules and hurt American companies and workers.
- An American Jobs Security Council that would could stop foreign companies from buying an American company if it were to result in harm to U.S. businesses, including job losses.
- A plan to renegotiate NAFTA so that it supports more American jobs and exports and leads to higher wages. Any new agreement must clearly demonstrate how it will enforce rules that lead to better jobs and wages.
- New penalties for federal contractors that outsource jobs.
- Buy America requirements for all tax-payer funded projects.
- Cracking down on countries that manipulate their currency and hurt American manufacturers.
- Ending tax benefits and clawing back tax breaks for outsourcers, and creating incentives to bring jobs home.
For more on trade, click here: A Better Deal on Trade and Jobs
In the days and weeks to come, we will propose more bold ideas to achieve our goal of lowering everyday costs, filling and creating millions of new, full-time, good-paying jobs with a diverse, trained workforce that has the tools they need to succeed in the 21st century.