American Jobs Plan

Thurgood Marshall College Fund Statement on President Biden’s FY ‘23 Budget Proposal

Retrieved on: 
Tuesday, March 29, 2022

Washington, March 28, 2022 (GLOBE NEWSWIRE) -- In its FY23 budget proposal, President Biden and his administration have once again demonstrated their commitment to investing in Historically Black Colleges and Universities (HBCUs) in an historic fashion.

Key Points: 
  • Washington, March 28, 2022 (GLOBE NEWSWIRE) -- In its FY23 budget proposal, President Biden and his administration have once again demonstrated their commitment to investing in Historically Black Colleges and Universities (HBCUs) in an historic fashion.
  • Increasing research capacity and opportunity at our schools is of critical importance to the long-term sustainability and growth of our institutions, and to the overall research capacity of our nation as a whole.
  • We are delighted that President Biden has recognized the importance of schools having an active role in this effort as was first demonstrated in the American Jobs Plan, then in the Build Back Better Act and now in the Presidents FY 23 recommended budget.
  • TMCF looks forward to working with Congressional leadership, the Congressional Black Caucus and the Bipartisan HBCU Caucus to adopt these historic proposals for the betterment of our institutions and their students.

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Retrieved on: 
Wednesday, January 26, 2022

Total headcount for equipment finance companies was down 7.9 percent year-over-year, a decrease due to significant downsizing at an MLFI reporting company.

Key Points: 
  • Total headcount for equipment finance companies was down 7.9 percent year-over-year, a decrease due to significant downsizing at an MLFI reporting company.
  • Separately, the Equipment Leasing & Finance Foundations Monthly Confidence Index (MCI-EFI) in January is 63.9, unchanged from the December index.
  • The MLFI-25 measures monthly commercial equipment lease and loan activity as reported by participating ELFA member equipment finance companies representing a cross section of the equipment finance sector, including small ticket, middle-market, large ticket, bank, captive and independent leasing and finance companies.
  • Based on hard survey data, the responses mirror the economic activity of the broader equipment finance sector and current business conditions nationally.

OTC Markets Group Welcomes Envirotech Vehicles Inc. to OTCQX

Retrieved on: 
Friday, December 3, 2021

NEW YORK, Dec. 3, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for over 11,000 U.S. and global securities, today announced Envirotech Vehicles Inc. (OTCQX: EVTV), aprovider of new purpose-built zero-emission electric vehicles, has qualified to trade on the OTCQX Best Market.

Key Points: 
  • NEW YORK, Dec. 3, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for over 11,000 U.S. and global securities, today announced Envirotech Vehicles Inc. (OTCQX: EVTV), aprovider of new purpose-built zero-emission electric vehicles, has qualified to trade on the OTCQX Best Market.
  • Envirotech Vehicles Inc. begins trading today on OTCQX under the symbol "EVTV."
  • About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX Best Market, the OTCQB Venture Market and the Pink Open Market for over 11,000 U.S. and global securities.
  • OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

Rekor Systems Commends Unprecedented Investment in US Transportation Infrastructure

Retrieved on: 
Monday, November 8, 2021

The need to modernize the nations transportation infrastructure has been long evident and the time is right now to rebuild quickly, intelligently, efficiently and cost effectively.

Key Points: 
  • The need to modernize the nations transportation infrastructure has been long evident and the time is right now to rebuild quickly, intelligently, efficiently and cost effectively.
  • Smart infrastructure can be an incredibly powerful agent in making our communities safer, cleaner and more equitable places to live and work, saidRobert A. Berman, CEO of Rekor Systems.
  • The enactment of this infrastructure bill provides an unprecedented opportunity for us to rapidly accelerate the development of safer and more efficient communities throughout the country.
  • Rekor Systems, Inc. (NASDAQ: REKR) is a trusted global authority on intelligent infrastructure providing innovative solutions that drive the world to be safer, smarter, and more efficient.

Fortis Inc. Releases Third Quarter 2021 Results and New Five-Year Capital Outlook

Retrieved on: 
Friday, October 29, 2021

Fortis is primarily an energy delivery company with substantially all of its assets focused on the transmission and distribution of energy.

Key Points: 
  • Fortis is primarily an energy delivery company with substantially all of its assets focused on the transmission and distribution of energy.
  • Forward-looking information reflects expectations of Fortis management regarding future growth, results of operations, performance and business prospects and opportunities.
  • Fortis cautions readers that a number of factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking information.
  • David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and ChiefFinancial Officer, will discuss the Corporation's third quarter 2021 results and new five-year capital outlook for 2022-2026.

Schneider Electric Launches EcoStruxure Automation Expert Version 21.2 to Manage Full Automation Lifecycle of Water and Wastewater Operations

Retrieved on: 
Monday, October 18, 2021

Schneider Electric , the leader in the digital transformation of energy management and automation, today announced version 21.2 of EcoStruxure Automation Expert , further enhancing the capabilities of the worlds first software-centric universal automation system.

Key Points: 
  • Schneider Electric , the leader in the digital transformation of energy management and automation, today announced version 21.2 of EcoStruxure Automation Expert , further enhancing the capabilities of the worlds first software-centric universal automation system.
  • Water and wastewater plants that implement EcoStruxure Automation Expert will now have complete lifecycle management, seamless integration of IT/OT services and improved system diagnostics for their automation systems.
  • EcoStruxure Automation Expert v21.2 is the next in an ongoing series of updates and enhancements that Schneider Electric delivers to the market at least twice a year.
  • With the launch of EcoStruxure Automation Expert v21.2, Schneider Electric further extends the capabilities of existing IEC61131-based systems and enables an app-store-like model for automation software components.

The American Jobs Plan Won't Save Manufacturers: Half of America's Manufacturers Will Disappear by 2040

Retrieved on: 
Friday, August 13, 2021

The American Jobs Plan as it exists today won't rescue American manufacturing.

Key Points: 
  • The American Jobs Plan as it exists today won't rescue American manufacturing.
  • Too much is made of creating more jobs, and too little is made of maximizing the resources we already have.
  • "More jobs" sounds great coming from a podium, but there simply aren't enough workers for the jobs available today.
  • The hard truth is this: a fading promise of federal cash-for-jobs and theoretical plans to reshore won't save American manufacturing.

Blackstar Proves The Case for President Biden's American Jobs Plan Prioritizing Racial Equity in Infrastructure Jobs

Retrieved on: 
Tuesday, May 25, 2021

Our traffic systems helped "build back better" Black communities for longevity and growth, not just short term fixes and stagnancy.

Key Points: 
  • Our traffic systems helped "build back better" Black communities for longevity and growth, not just short term fixes and stagnancy.
  • In April, Know Your Price author and Senior Brookings Institute Fellow, Andre M. Perry, penned an article offering a practical solution to two problems expressed in President Biden's American Jobs Plan .
  • Secondly, the plan promises to create more opportunities for small businesses with the lofty goal of advancing racial equity in the process.
  • Earlier this year, Blackstar finalized a partnership with International Motor Controls, a leading electrical systems manufacturer for infrastructure.

Novogradac Commends Ways and Means Committee on Holding Hearing on Leveraging the Tax Code to Stimulate Infrastructure Investment

Retrieved on: 
Thursday, May 20, 2021

Michael J. Novogradac, managing partner of national accounting and consulting enterprise Novogradac, was among the witnesses.\n"The tax code holds many significant tools that can be used to drive infrastructure investment and I applaud Chairman Richard Neal, Ranking Member Kevin Brady and their colleagues on the Ways and Means Committee for holding yesterday\'s hearing and leading this important part of the conversation around infrastructure," Novogradac said.

Key Points: 
  • Michael J. Novogradac, managing partner of national accounting and consulting enterprise Novogradac, was among the witnesses.\n"The tax code holds many significant tools that can be used to drive infrastructure investment and I applaud Chairman Richard Neal, Ranking Member Kevin Brady and their colleagues on the Ways and Means Committee for holding yesterday\'s hearing and leading this important part of the conversation around infrastructure," Novogradac said.
  • "\nPresident Joe Biden has called for a $2 trillion investment in infrastructure and green energy over the next eight years.
  • Biden introduced the American Jobs Plan in March, with an emphasis on transportation, home care services and workforce, manufacturing, housing, and more.
  • Tax, audit and consulting specialty practice areas for Novogradac include affordable housing, opportunity zones, community development, historic rehabilitation and renewable energy.\n'

Penn Wharton Budget Model Projects That The American Jobs Plan Will Raise $2.1 Trillion by 2030 and Decrease Federal Debt by 6.4% by 2050

Retrieved on: 
Wednesday, April 7, 2021

PHILADELPHIA, April 7, 2021 /PRNewswire-PRWeb/ --On March 31, President Biden announced The American Jobs Plana $2.7 trillion plan to invest in American infrastructure.

Key Points: 
  • PHILADELPHIA, April 7, 2021 /PRNewswire-PRWeb/ --On March 31, President Biden announced The American Jobs Plana $2.7 trillion plan to invest in American infrastructure.
  • President Biden's American Jobs Plan (AJP) would cost $2.7 trillion and raise $2.1 trillion over the 10-year budget window 2021-2030.
  • The tax provisions proposed in the AJP, in the absence of any new spending, would decrease government debt by 11.16 percent in 2050.
  • Despite the reduction in public debt, the AJP's tax provisions discourage business investment and thus reduce GDP by 0.49 percent in 2050.