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 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).

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).

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).

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).

What You Can Do

Recent work

Latest

Compact View

Stealing From Our Children: Trump’s Dismantling of Head Start Harms Children and Families Upcoming Event

Stealing From Our Children: Trump’s Dismantling of Head Start Harms Children and Families

Join the Center for American Progress for an event about the Trump administration's serious threats to Head Start, leaving its future in peril and thousands of low-income families in fear of what comes next.

Center for American Progress | Online

Cutting Deep Abroad and at Home: Slashing Foreign Assistance Causes Worldwide Harm Upcoming Event

Cutting Deep Abroad and at Home: Slashing Foreign Assistance Causes Worldwide Harm

Please join the Center for American Progress for the third in a series of virtual events highlighting the impact that DOGE’s cuts are having on the lives of everyday Americans; this event will focus on how cuts to foreign assistance will not only affect those abroad who depend on aid, but also farmers and small businesses here at home who rely on foreign assistance grants.

Online via Zoom

5 Things To Know About Head Start Report
A child from the Hyde Park Head Start program plays under a parachute.

5 Things To Know About Head Start

Head Start provides educational, health, nutritional, and social services to hundreds of thousands of young children and their families every year, playing a critical role in the U.S. early care and learning landscape.

CAP Testimony Before the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence Testimony

CAP Testimony Before the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence

Alexandra Thornton testified before the U.S. House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence regarding crypto market structure legislation and U.S. securities laws.

Alexandra Thornton

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