WASHINGTON, D.C. – Congresswoman Jackie Speier (CA-14), co-chair of the Democratic Women’s Caucus (DWC), issued the following statement upon the House passage of the Build Back Better Act.
“Generations to come will look back on this day as a truly transformative moment in our country’s history. Not since the New Deal have we seen an Administration and Congress take such monumental action to address the needs of men and women, hard-working families, our seniors, children, economy, and more,” Rep. Speier said. “Today, Democrats delivered on all fronts. We’re expanding access to and reducing out-of-pocket costs for health care, child care, and family care while also fighting inflation. And we’re doing this by ensuring this transformative agenda is paid for by making big multinational corporations and the wealthiest pay their fair share, and also cracking down on tax cheats. Twenty million children ages 0 to 5 will now have access to child care—that’s a savings of over $5,000 per child, per year. More than 6 million 3- and 4-year-olds will have access to free, high-quality preschool, saving on average $8,600 per child, per year. Together, the bipartisan infrastructure bill and the Build Back Better Act will create an average of two million new jobs each year over the course of the decade.”
“We’re making our largest ever investment to combat the climate crisis, which threatens the coastal communities I represent as well as the survival of current and future generations. We’re expanding Section 8 housing vouchers, establishing a new down-payment assistance fund for first-generation homebuyers, and expanding the low-income housing tax credit to help grow our affordable housing stock, another critical issue in my district. We’re doing what’s right for families by investing in critically-needed paid family and medical leave, ending the national embarrassment of being the only wealthy nation in the world without any paid leave—our European counterparts provide 22 weeks on average. We’re continuing the historic expansion of the Child Tax Credit, which has cut childhood poverty in half. And we’re finally addressing Congress’ longstanding failure to recognize the economic, social, and moral imperative of child care. Again, wealthy countries contribute an average of $14,000 per year for a toddler’s child care, compared with the U.S.’s paltry average of $500,” Rep. Speier said. “This is a true kitchen table relief bill. This is how we help parents return to the workforce, especially women whose workforce participation hasn’t been this low since 1988. This is how we ensure that children thrive and grow. This is how we boost the economy as it rebounds from the devastating financial blow of the pandemic. This is how we will build back better.”