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For Immediate Release
Contact: press@groundworkcollaborative.org

Statement: Groundwork Applauds the Biden Administration's Bold Approach to Investing in Our Future

Today, Groundwork Collaborative's Managing Director of Policy and Research and Chief Economist Dr. Rakeen Mabud released a statement in response to President Biden's request to Congress to authorize an increase in federal spending in 2022 on domestic priorities:

WASHINGTON

Today, Groundwork Collaborative's Managing Director of Policy and Research and Chief Economist Dr. Rakeen Mabud released a statement in response to President Biden's request to Congress to authorize an increase in federal spending in 2022 on domestic priorities:

"Today President Biden asked Congress to invest in the future and recovery of millions around the country. By investing in critical issues such as education, public housing, COVID-19 relief, and addressing the climate crisis -- the Biden administration has taken a bold approach in addressing domestic priorities, while also heeding the lessons learned in the wake of the Great Recession.

"While it is impossible to address years of underinvestment in one bill, the Biden administration has taken a necessary step forward in the right direction. The Groundwork Collaborative applauds this stride and urges policymakers on both sides of the aisle to recognize that this budget is only the beginning of a long process to build a more inclusive economy."

The Groundwork Collaborative is dedicated to advancing a coherent and persuasive progressive economic worldview and narrative capable of delivering meaningful opportunity and prosperity for everyone. Our work is driven by a core guiding principle: We are the economy. Groundwork Collaborative envisions an economic system that produces strong, broadly shared prosperity and power for all people, not just a wealthy few.