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From the category archives: Economics

ABC Calls for Open Competition and an All-of-the-Above Workforce Development Strategy in Senate Water Infrastructure Draft Bills

On May 1, ABC sent a letter to the U.S. Senate Committee on Environment and Public Works advocating for improvements to draft legislation that is being considered by the committee, the America’s Water Infrastructure Act of 2020 and the Drinking Water Infrastructure Act of 2020.

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ABC Helps to Author Strategy for Safe, Strong Recovery as Part of Great American Economic Revival Industry Groups

On April 14, President Donald Trump announced that ABC President and CEO Mike Bellaman was named to one of the Great American Economic Revival Industry Groups, which will work together with the White House towards the stated goal of “charting the path forward toward a future of unparalleled American prosperity.” 

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States Announce Regional Approach to Reopening Economies

On April 13, two multi-state coalitions announced the formation of separate task forces focused on reopening their state economies through regional partnerships.

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ABC Supports Extension and Expansion of PPP Loans

On April 14, ABC sent an action alert to ABC members asking them to call on their member of Congress to quickly authorize additional funding for the Paycheck Protection Program, which was created under the CARES Act to provide forgivable loans to small businesses. With nearly $350 billion in small business aid estimated to run out this week, ABC is asking Congress to pass a clean bill to increase funds for the PPP, which has been a priority for Majority Leader Mitch McConnell (R) and the White House.

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FMCSA Waiver Announcement for Commercial Learners Permit Holders

In response to the president’s national emergency declaration, the Federal Motor Carrier Safety Administration has announced a three-month waiver to prevent the possible shortage of commercial motor vehicle drivers and continue to allow intrastate and interstate commercial driver’s license (CDL) and commercial learners permit (CLP) holders to transport critical goods and supplies to businesses and individuals affected by COVID-19.

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Deal Reached on Emergency Economic Relief for COVID-19 Virus

Today, Democrats and Republicans in the Senate arrived at a deal to provide approximately $2 trillion in federal funding and programs to address the ongoing health crisis. The legislation would send checks to many Americans under a certain income threshold, create a $350 billion loan program for small businesses and establish a $500 billion lending fund for industries, cities and states.

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ABC Weighs In on House Subcommittee Hearing on Infrastructure Investment

On Feb. 26, ABC sent a letter calling on Congress to consider how its infrastructure investment agenda could impact merit shop contractors and the small business community during a hearing titled Moving America’s Infrastructure Forward. Convened by U.S. House of Representatives Committee on Small Business’ Contracting and Infrastructure Subcommittee, the hearing was timed to coordinate with the recent release of Democrats’ $760 billion infrastructure investment framework, the Moving Forward Framework.  

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The Construction Industry Needs to Hire an Additional 440,000 Workers in 2019

The Construction Industry Needs to Hire an Additional 440,000 Workers in 2019  Read the rest of entry »

ABC Supports Bill to Establish New Construction Visa Program

ABC sent a letter of support to Congress urging passage of the Workforce for an Expanding Economy Act (H.R. 1740) introduced by Rep. Lloyd Smucker (R-Pa.). The bill would create a new visa program for non-farm, temporary foreign workers and includes important protections for employers and employees, ensuring that jobs remain available for hardworking Americans. Read the rest of entry »

House Passes ABC-opposed Campaign Finance Messaging Legislation

On March 8, H.R. 1, the For the People Act, passed the Democratic-controlled U.S. House of Representatives by a party line vote of 234-193. ABC sent a letter in opposition to the legislation, arguing that it is an attack on free speech and would cripple the business structure of nonprofit associations such as ABC.  Read the rest of entry »
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