Latest Releases
The Affordable Housing and Homeownership Protection Act Would Tackle Housing Crisis by Creating Millions More Homes and Helping Main Street Compete with Wall Street
WASHINGTON, DC – As the nation’s housing shortage pushes home prices and rents to historic levels, a new Senate bill would provide tens of billions of dollars to help create millions of new homes for low-income Americans. U.S. Senators Tina Smith (D-MN), Jack Reed (D-RI)and Tammy Baldwin (D-WI) are teaming up with several colleagues to introduce the Affordable Housing and Homeownership Protection Act (S. 3673). This bill would generate up to $50 billion over ten years to help build and preserve approximately 3 million affordable housing units nationwide. The bill would be fully paid for through a transfer tax on large investors who profit by purchasing sixteen single-family homes or more. Driven by a shortage of as many as 6.8 million homes nationwide, homes prices have surged 39% and rents 31% over the last four years, according to the National Association of Realtors and Zillow. Higher rents and fewer opportunities for homeownership are devastating for millions of families. As housing costs skyrocket, more households are priced out of homeownership, while renters have less to spend on food, clothing, and other everyday necessities. Low-income Americans are particularly strained – the National Low Income Housing Coalition estimates 73% of extremely low-income households spend more than half their income on housing. Unsurprisingly, homelessness has risen in line with housing prices and is up 15% since 2019. Unfortunately, federal investments in low-income housing are insufficient to solve this affordability crisis. Indeed, researchers at Harvard University found that the three largest federal housing programs serve nearly
Klobuchar, Smith Announce Significant Federal Infrastructure Grant to Improve Highway 169
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced a $24.7 million federal grant for the US 169 Rural Safety and Mobility Interchange Project in Sherburne County, which will eliminate the signal-controlled intersection at County Road 4 and replace it with a grade-separated, hybrid diamond interchange. The current intersection has crash rates at nearly five times the state average and has been ranked the second most dangerous intersection in central Minnesota. This project will also reduce traffic congestion and accommodate anticipated growth on this important regional highway. In addition, the new interchange will have a multi-use trail for pedestrian and bike access. Funding for this project comes from the U.S. Department of Transportation’s INFRA (Nationally Significant Multimodal Freight & Highway Projects) grant program. “Highway 169’s signal-controlled intersection has been ranked as one of the most dangerous intersections in central Minnesota. Drivers who use this intersection every day deserve a safer alternative,” said Klobuchar. “This federal grant will make much-needed improvements to make the interchange secure for drivers and pedestrians.” “Revitalizing our infrastructure is about more than just fixing roadways and bridges; it’s about improving people’s lives, which is precisely what this project will do,” said Smith. “This intersection on Highway 169 is dangerous in its current form. Now, Minnesota has the federal investment to make this vital corridor safer for everyone.” INFRA grants can be used by communities across the country for multimodal freight and highway projects of national or regional significance to improve the safety, efficiency, and reliability of freight
U.S. Senators Tina Smith, Elizabeth Warren to President Trump: Your Executive Order to End U.S. Overreliance on Foreign Nations for Key Pharmaceutical Products is Far Too Weak
Washington, DC [09/4/2020] – This week United States Senators Tina Smith (D-Minn.) and Elizabeth Warren (D-Mass.) told President Trump that his recent Executive Order to address the nation’s overreliance on foreign nations for key drug products is far too weak, and pressed him to support their legislation, which would arm the United States with the tools needed to adequately address this serious health and national security problem. In a letter to Trump Wednesday, the two Senators said that while his Executive Order directs several federal agencies to prioritize the procurement of adequate supplies of U.S.-produced essential medicines, it does not require those agencies to create a definitive list of essential medicines. It also fails to
Smith, Klobuchar Urge Administration to Support Wheat Farmers
WASHINGTON – U.S. Senator Tina Smith and Amy Klobuchar (D-Minn.) sent a bipartisan letter to Secretary of Agriculture Sonny Perdue requesting that funds in the CARES Act be help support wheat farmers who have experienced economic harm from the coronavirus (COVID-19) pandemic. “As Members of Congress representing wheat-producing states, we write regarding the deteriorating economic conditions being experienced by wheat farmers across the country who are already nearly complete with this year’s harvest,” the senators wrote. “Whether it’s wheat farmers who wrapped up harvest in May, those in the field harvesting their crops now, or those looking ahead to harvest in
U.S. Sen. Tina Smith, Gov. Walz, Lt. Gov. Flanagan Press to Expand Investment in Childcare, the Basic Infrastructure for Families, Economy
MINNESOTA [08/31/2020]— Today, U.S. Senator Tina Smith (D-Minn.) was joined by Governor Tim Walz and Lieutenant Governor Peggy Flanagan at a Minneapolis in-home childcare provider to discuss the growing importance of addressing the state’s critical childcare shortage that has worsened during the current coronavirus pandemic. The three were at the Minneapolis home of Luciana Carballo, an in-home childcare provider who has been forced by the pandemic to accept fewer children and make other changes to keep the children she cares for safe. The virus has put similar pressure on providers all across the state and it has hamstrung parents who
U.S. Senators Tina Smith & Mike Crapo Make Bipartisan Push to Enforce USMCA Dairy Provisions
WASHINGTON, D.C. [08/26/2020]—Yesterday U.S. Senator Tina Smith (D-Minn.) and Mike Crapo (R-Idaho) led a bipartisan group of 23 Senators in calling for the enforcement of United States-Mexico-Canada Free Trade Agreement (USMCA) dairy provisions. In a letter to U.S. Department of Agriculture (USDA) Secretary Sonny Perdue and U.S. Trade Representative (USTR) Ambassador Robert Lighthizer, the Senators said that holding trade partners accountable to their trade commitments is critical to supporting dairy farmers and American dairy exports. “Fair market access for American dairy farmers was a key pillar of the USMCA’s agriculture section,” the Senators wrote. “USMCA is poised to create new export opportunities for America’s
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