President Biden’s Senior Advisor Cedric Richmond, U.S. Sen. Cory Booker, Reps. Yvette Clarke and Sheila Jackson Lee, Rep. Val Demings, Loews Corp. Co-Chairman Andrew Tisch To Highlight Economic Benefits of Legalizing Immigrants with TPS and Essential Workers in Reconciliation
Thursday, Aug. 5 – 1:00 PM Eastern
MEDIA REGISTRATION for ABIC WEBINAR HERE: https://bit.ly/ABICTPSBrief
President Biden’s Senior Advisor Cedric Richmond, Sen. Booker, business and civil rights leaders will underscore how TPS recipients help grow our national GDP, spur job growth, and raise the wage floor for all Americans
WASHINGTON, DC — As Congress readies for debate on the budget resolution, President Biden’s Senior Advisor Cedric Richmond, Sen. Cory Booker (D-NJ), Rep. Yvette Clarke (D-Brooklyn), Rep. Sheila Jackson Lee, (D-Houston), Rep. Val Demins (D-Orlando), Loews Corporation Co-Chairman Andrew Tisch, National Urban League CEO Marc Morial, and Corn Products International Chairman and CEO (Retired) Sam Scott will join the American Business Immigration Coalition (ABIC), business, faith and civil rights leaders in a discussion about the economic benefits of legalizing immigrants with Temporary Protected Status (TPS) from Haiti, Somalia, Sudan, Venezuela and other countries as part of the budget reconciliation process and immigration reform. The virtual event is titled “Briefing on Temporary Protected Status and Immigration Reform” and will take place Thursday, August 5 at 1 PM EST. Media is invited to attend. Register here.
President Biden and Democrats have pledged to include urgently needed, common sense, bipartisan immigration solutions in the budget reconciliation process, which has been used previously for immigration measures because of their positive impact on the budget created by increased tax revenues. In addition to TPS recipients, a path to legal status also is proposed for Dreamers, farmworkers, and essential workers.
TPS holders are critical to growing our national Gross Domestic Product (GDP), spurring job creation, and raising the wage floor for all American workers. Of the 319,000 TPS recipients from 10 countries in the U.S. today, 96.8% of TPS holders are of working-age, 95.8% of them are currently employed, and they pay an estimated $2.5 billion in federal, state, and local taxes each year. If TPS holders can no longer renew their work permits, employers will lose a total of $967 million in turnover costs which would have a disproportionately negative impact on states such as Florida, New York, California, Texas, Maryland and Virginia.
WHO: Speakers include: President Biden’s Senior Advisor Cedric Richmond; U.S. Senator Cory Booker (D-NJ); Andrew Tisch, Loews Corp. Co-Chairman; Sam Scott, Corn Products International Chairman (retired) and ABIC Co-Chairman, U.S. Rep. Yvette Clarke (D-Brooklyn), U.S. Rep. Sheila Jackson Lee (D-Houston), Rep. Val Demins (D-Orlando), Joi Olivia Chaney, Executive Director of Washington Bureau and Senior Vice President of Policy and Advocacy at the National Urban League, Wade Henderson, Leadership Conference on Civil and Human Rights President, Rebecca Shi, ABIC Executive Director.
WHEN: Thursday, Aug. 5, 2021, 1 PM EST
WHERE: Zoom – Media registration here: https://bit.ly/ABICTPSBrief
Cosponsors: American Business Immigration Coalition, National Urban league, The Leadership Conference, US Conference of Catholic Bishops, UNITE HERE, New York Immigration Coalition, Florida Immigration Coalition, Casa de Venezuela, Greater Haitian American Chamber of Commerce of Orlando, CHIRLA, CASA.
The American Business Immigration Coalition (ABIC) promotes common sense immigration reform that advances economic competitiveness, provides companies with both the high-skilled and low-skilled talent they need, and allows the integration of immigrants into our economy as consumers, workers, entrepreneurs, and citizens.