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. Senator Tina Smith Joins Bipartisan Push to Expand U.S. Grain Exports to Canada
WASHINGTON, D.C. [07/09/19]— Today, U.S. Senator Tina Smith (D-Minn.) joined a bipartisan group of Senators pushing Trump Administration trade officials to negotiate fewer restriction on U.S. grain exports to Canada under the U.S.-Mexico-Canada (USMCA). The Senators pressed for action in a letter to U.S. Trade Representative Gregg Doud. Sens. Kevin Cramer (R-N.D.), John Hoeven (R-N.D.), and Steve Daines (R-Mont.) joined Sen. Smith on the letter. “The grain article in the agreement is a significant area of interest for North Dakota, Minnesota, and Montana grain producers,” the senators wrote. “The ability for our growers to export wheat of domestic origin to
U.S. Senator Tina Smith, Colleagues Introduce Bipartisan Bill to Support Small Business Innovation with Energy Department National Labs
WASHINGTON, D.C. [06/27/19]—Today, U.S. Senator Tina Smith (D-Minn.) along with Sens. Chris Coons (D-Del.), James Risch (R-Ind.), and Cory Gardner (R-Colo.) introduced bipartisan legislation to allow small businesses to gain access to premier facilities at the Department of Energy (DOE) National Labs to spur innovation and the culture of private-public collaboration. The Small Businesses Partnering with National Labs Act of 2019—which has a House companion bill introduced by Reps. Assistant Speaker Ben Ray Luján (D-N.M.) and Chuck Fleischmann (R-Tenn.)—will allow small businesses to analyze the innovation potential of new technologies by accessing facilities and expertise at National Labs to
U.S. Senators Smith and Cramer Introduce Bold, Bipartisan Bill to Bring Down Cost of Insulin, Hold Manufacturers Accountable
WASHINGTON, D.C. [06/27/19]—Today, U.S. Senators Tina Smith (D-Minn.) and Kevin Cramer (R-N.D.) introduced bipartisan legislation to bring down the cost of insulin and to hold insulin manufacturers accountable for excessive increases in the price of the life-sustaining medicine. The bill—announced last week in Minneapolis and introduced today in remembrance of Minnesotan Alec Smith, who tragically passed away two years ago today after rationing his insulin—would provide emergency access to insulin for people in Minnesota, North Dakota, and across the country who can’t afford the skyrocketing price of the drug that they need to stay alive. You can access a summary
U.S. Senator Tina Smith, Colleagues Fight to Strengthen Rights of Public Sector Workers to Join Unions, Bargain Collectively
WASHINGTON, D.C. [06/26/19]—Today, U.S. Senator Tina Smith (D-Minn.) and a number of her colleagues introduced bicameral legislation to protect the rights of nearly 17.3 million public workers to join a union and collectively bargain for fair wages, benefits, and improved working conditions. The Public Service Freedom to Negotiate Act of 2019 will guarantee the right of public employees to organize, act concertedly, and bargain collectively in states that currently do not afford these basic protections. “Hard-working Americans have a fundamental right to join together to fight for fair wages and better working conditions,” said Sen. Smith, a member of the Senate HELP Committee. “By protecting the rights of public
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