Support S. 1769, the “Rebuild America Jobs Act”
Advocacy Letter - 11/02/11
Source: The Leadership Conference on Civil and Human Rights
Recipient: U.S. Senate
On behalf of The Leadership Conference on Civil and Human Rights, we write to express our support for S. 1769, the Rebuild America Jobs Act. S. 1769 will create or save hundreds of thousands of jobs. We urge you to support cloture on S. 1769 and to promptly move forward with its consideration and passage.
The Rebuild America Jobs Act would provide $50 billion of immediate investments in transportation infrastructure and $10 billion for a national infrastructure bank, an independent institution that provides credit support to qualified infrastructure projects of regional and national significance. The infrastructure investments will benefit localities throughout the country; a significant percentage of highway funds will be programmed directly at the local level and most transit funds will be allocated to local-level transit authorities. The Act will ensure that transportation investments allow for the hiring of local workers, to maximize economic benefits for communities where projects are located and provide training investments for training, apprenticeship, and skill development programs. These provisions would be paid for by a surtax of 0.7% on income above $1 million.
The provisions in S. 1769 are beneficial to our communities, will help boost our national economic recovery, are fiscally responsible, and have a history of bipartisan support. Every $1 billion invested in public transportation capital and operations creates or supports: 36,000 jobs, $3.6 billion in business sales, and nearly $500 million in federal, state, and local tax revenues.
While we wait for long-term reauthorization of the transportation bill, Americans cannot wait for jobs. They are particularly important for African-American and Latino communities that are currently facing unemployment rates of 16 percent and 11.3 percent, respectively, well above the national average. The targeted investments in the Rebuild America Jobs Act are a necessary and fiscally responsible component of ensuring our long-term economic health and prosperity.
For these reasons, we urge you to support S. 1769 and to work towards its enactment. If you have any questions, feel free to contact Nancy Zirkin at (202) 466-3311 or Lexer Quamie, Counsel, at (202) 466-3648. Thank you for your consideration.
President & CEO
Executive Vice President