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Building an Economy for All

Economic growth must be built on the foundation of a strong and secure middle class so that all Americans benefit from growth.

A child holds hands with her father and mother, January 12, 2020. (Getty/The Washington Post/Amanda Andrade-Rhoades)
What We're Working On

What We're Doing

Investing in a stronger and more equitable economy

We must continue to invest in research, technology, and innovation in a manner that ensures participation and benefits communities that are too often left behind. Only through such an approach can the United States remain at the cutting edge in an increasingly competitive global market.

Strengthening worker power and economic mobility

We need to increase wages, reduce poverty among working families, increase worker power, and create pathways to economic mobility for all.

Raising the floor for basic living standards

Working toward a stronger and more equitable economy for everyone involves rebuilding, expanding, and strengthening America’s social safety net to make it more comprehensive in eligibility and services as well as more flexible in how it can be accessed and used.

Creating a new social compact with business

A new social compact with business includes a regulatory vision that better aligns investors, companies, and the public interest on critical matters such as climate, workers’ rights, and equality.

By the numbers

134K

An estimated 134,000 families are pushed into poverty each year by child care expenses.

CAP, “Child Care Expenses Push an Estimated 134,000 Families Into Poverty Each Year” (2024).

A group of parents is seen outside of a day care center. Some of them are pushing strollers.
Child Care Expenses Push an Estimated 134,000 Families Into Poverty Each Year

85%

The number of businesses grew in 85 percent of counties between 2019 and 2023.

CAP, “Entrepreneurship, Startups, and Business Formation Are Booming Across the U.S.” (2024).

An
Entrepreneurship, Startups, and Business Formation Are Booming Across the U.S.

10%

An estimated 10 percent wage premium is experienced by union members compared with similar nonunion members.

CAP, “4 Ways Unions Make Our Economy and Democracy Stronger” (2024).

Members of the Boston Teachers Union and their supporters rally in support of contract measures.
4 Ways Unions Make Our Economy and Democracy Stronger

54%

Permanently extending the Trump tax cuts would increase the fiscal gap by 54 percent.

CAP, “Permanently Extending the Trump Tax Cuts Would Increase Upward Pressure on the Debt Ratio by More Than 50 Percent” (2024).

Capitol building and overcast sky
Permanently Extending the Trump Tax Cuts Would Increase Upward Pressure on the Debt Ratio by More Than 50 Percent

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Healing America’s Spiritual Crisis: A Conversation with Sen. Raphael Warnock Upcoming Event

Healing America’s Spiritual Crisis: A Conversation with Sen. Raphael Warnock

Please join the Center for American Progress to hear Sen. Raphael Warnock (D-GA) speak as part of CAP's “What’s Next: Conversations on the Path Forward” series.

Center for American Progress

American Leadership in AI, Science, and Innovation: A Conversation With Sen. Mark Kelly Upcoming Event

American Leadership in AI, Science, and Innovation: A Conversation With Sen. Mark Kelly

Join the Center for American Progress for a conversation with Sen. Mark Kelly (D-AZ) as part of CAP’s “What’s Next: Conversations on the Path Forward” series.

Center for American Progress & Online (1333 H St. NW Washington DC 20005)

A New Economic Patriotism: A Conversation With Rep. Ro Khanna Upcoming Event
Rep. Ro Khanna (D-CA) at the U.S. Capitol on December 4, 2024, Washington, D.C. (Getty/Tom Williams)

A New Economic Patriotism: A Conversation With Rep. Ro Khanna

Please join the Center for American Progress for a conversation with Rep. Ro Khanna (D-CA) as part of the “What's Next: Conversations on the Path Forward” series.

Center for American Progress and online via Zoom

7 Ways the Big Beautiful Bill Cuts Taxes for the Rich Article
A pair walks past a large superyacht.

7 Ways the Big Beautiful Bill Cuts Taxes for the Rich

Overall, the Big Beautiful Bill will harm poor Americans and raise the incomes of rich Americans—driving gains for the rich through cuts to marginal tax rates and the estate tax, along with tax breaks for businesses, business owners, and investors.

Corey Husak

Hoja informativa: Manos a la obra: Un plan para reducir el costo de la vivienda para todos Hoja informativa

Hoja informativa: Manos a la obra: Un plan para reducir el costo de la vivienda para todos

El plan de CAP centraría los esfuerzos federales en la construcción de viviendas para reducir los costos de la vivienda, ahorrándole a los inquilinos en comunidades de alto costo un estimado de $1,000 por año y a los compradores de vivienda por primera vez más de $20,000.

Jared Bernstein, Michael Negron, Natalie Baker, 1 More Chad Maisel

The Trump Administration Continues To Demonstrate Its Failure To Appreciate the Plight of American Farmers Article
A combine harvests soybeans in Kentucky.

The Trump Administration Continues To Demonstrate Its Failure To Appreciate the Plight of American Farmers

China’s boycott of American soybeans may be resolved, but the episode exposed deeper, longer-term challenges that cannot be solved with a one-time bailout or a purchase commitment by foreign buyers that can be turned off at any time.

Ryan Mulholland, Mark Haggerty

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