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Truthout - March 29, 2021

The bill rivals Biden’s upcoming infrastructure bill and places progressive pressure on the White House from the left. The infrastructure bill, which is reported to have ballooned from $3 trillion to $4 trillion in the past week, has received criticism from the left. Groups like the Sunrise Movement, which has proposed its own $10 trillion Green New Deal down payment, say that the bill is not ambitious enough to meet the scale of the crises in the country.

Congressional progressives on Monday unveiled a new bill to invest $10 trillion in renewable energy, green infrastructure and climate justice initiatives over the next decade. The Transform, Heal and Renew by Investing in a Vibrant Economy (THRIVE) Act, counters President Joe Biden’s yet-to-be-unveiled $4 trillion infrastructure package.

The bill is “a new roadmap to build back better and build back greener,” said Sen. Ed Markey (D-Massachusetts) in a press conference. Markey and Rep. Debbie Dingell (D-Mich.) are the lead sponsors of the bill in the Senate and House, respectively. The bill, which will be formally introduced in April, has the support of much of the rest of the Congressional Progressive Caucus.

“We are facing a series of intersecting crises: climate change, a public health pandemic, racial injustice and economic inequality,” said Markey. “We can’t defeat any of these crises alone. We must develop a roadmap for recovery that addresses them all.” ...
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