Latest Releases
Senator Smith, Colleagues Introduce Senate Resolution in Solidarity with UAW Workers on Strike
WASHINGTON, [10.19.23] – U.S. Senator Tina Smith (D-Minn.) joined Sen. Bernie Sanders (I-Vt.), Sen. Sherrod Brown (D-Ohio), and 31 of their colleagues in the Senate to introduce a resolution in solidarity with 150,000 members of United Auto Workers (UAW) bargaining for a fair contract. Autoworkers voted to go on strike in September– calling for a fair share of the record-breaking profits their labor produces as well as cost-of-living adjustments, an end to two-tier wage system, and restoration of pension benefits. Since then, the strike has expanded to 44 locations across 22 states. It is one of the largest U.S. strikes in the past three decades. “Workers bailed out the Big 3 auto manufacturers during the Great Recession to keep the companies afloat. Now, these companies make billions in profit while workers see stagnant wages,” said Smith. “I stand with the UAW workers in Minnesota and around the country who are striking for a fair contract and call on the automakers to negotiate with them in good faith.” “The fight the UAW is waging has everything to do with the outrageous level of corporate greed and arrogance on the part of senior executives in the automobile industry and their backers on Wall Street,” said Sanders. “At a time when the Big 3 automakers have made $250 billion in profits over the past decade, it is absolutely unacceptable that wages for the average autoworker have gone down by 30 percent in the past 20 years after adjusting for inflation. If these companies could afford
Klobuchar, Smith Secure Federal Funding to Improve Electrical Grid Resilience Against Severe Weather
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced that they secured federal funding for Xcel Energy’s extreme weather mitigation project through the U.S. Department of Energy’s Grid Resilience and Innovation Partnerships (GRIP) program. This funding will support Xcel Energy projects to boost grid resilience against extreme weather like blizzards, severe cold, and ice storms which threaten electric reliability. “It’s critical that our electric grid is able to withstand extreme weather,” said Klobuchar. “This federal funding will improve the resilience and reliability of our electric grid to keep the lights on for families and businesses all while creating good-paying jobs.” “As climate-fueled extreme weather becomes more common, it’s critical that our power grid is reliable and can withstand threats from severe weather and other harsh conditions,” said Smith. “Modernizing our electric grid is a win for the environment and for Minnesotans who will benefit from more affordable, reliable electricity. I am proud of our work to help deliver these investments and look forward to seeing the benefits of a stronger, more reliable energy grid.” This funding was made possible through the Bipartisan Infrastructure Law, which Klobuchar and Smith helped pass in 2021.
Sen. Tina Smith’s Statement on Commerce Dept. Recommendation for Steep New Tariffs on Foreign Steel
Today, U.S. Senator Tina Smith released the following statement on an announcement that the Department of Commerce will recommend heavy new tariffs on foreign steel imports. “One of my first stops as Senator was in Eveleth, home to the U.S. Hockey Hall of Fame, as well as many of the hardest-working men and women in the country,” said Sen. Smith. “When I was there, I talked with local steelworkers about the biggest challenges facing Northern Minnesota. They told me their jobs are at risk if we don’t continue to crack down on steel dumping from countries like China. Since then, I pressed
Sen. Tina Smith Named to Bipartisan Select Committee to Solve Pensions Crisis Facing 22,000 Minnesotans
Sen. Tina Smith was appointed to a newly formed bipartisan panel tasked with finding solutions to a financial crisis that’s threatening the hard-earned pensions of 22,000 retired Minnesotans. The Joint Select Committee on Solvency of Multiemployer Pension Plans, established as part of the bipartisan budget agreement reached earlier this month, will provide recommendations and legislative language to significantly improve the solvency of multiemployer pension plans and the Pension Benefit Guaranty Corporation. Without reforms, as many as 100 pension plans across the country—including the troubled Central States Pension Fund, which covers those 22,000 Minnesotans—are on track to become insolvent. “There are
Sen. Tina Smith’s First Bill Would Address Unscrupulous Big Pharma Tactic That Prevents Minnesotans from Accessing Affordable Rx Drugs
U.S. Senator Tina Smith’s first standalone piece of legislation—the Expanding Access to Low Cost Generic Drugs Act—takes aim at a big pharma tactic that keeps affordable generic drugs out of the hands of Minnesota families and seniors. Sen. Smith’s bill, which she introduced today and is similar to a policy endorsed by the Trump Administration, gets at the heart of a major concern facing Minnesota families and seniors right now: prescription drug prices. We’re at the point now where around 25 percent of Americans who take prescription drugs report difficulty affording them. And while generic drugs are often a much less
Sen. Tina Smith Questions Five Big Pharma CEOs on Use of Corporate Tax Savings
Today, U.S. Senator Tina Smith questioned a group of major pharmaceutical executives on how they are using billions of their corporate tax cut dollars, expressing concern that the companies may be using the funds to enrich investors through stock “buybacks” and shareholder payouts instead of prioritizing lower prescription drug prices. The Tax Cuts and Jobs Act, signed into law in December, reduced the corporate income tax rate by over 40 percent, providing these companies with a large windfall of corporate tax savings that could be used to bring down costs for consumers or invest in new research and development. However,
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