Today, I'm proud to announce 21 awardees of the Build Back Better Regional Challenge.
The winners will go on to turn their plans into action, investing in communities, small manufacturers, workers, and entrepreneurs across America.
.@BrookingsMetro is thrilled be a learning partner on the #BuildBackBetter Regional Challenge, which marks a new era in American place-based economic policy. https://t.co/SlU5Z4m9fm
Today, @POTUS announced 21 cities as the winners of the Build Back Better Regional Challenge – a signature program of the American Rescue Plan that will provide communities across the U.S. with a once-in-a-generation investment in their economic future.
https://t.co/odaWoFBYTW
Even prior to the economic shock of the pandemic, Philadelphia’s smaller businesses exhibited worse financial health than those in peer cities. More data on the underlying conditions of Philly’s small and midsize businesses in new @PewTrusts report: https://t.co/tAYlfSjVig
As a reminder, Philly is bound by state law and can't do anything to fix this. While PA still defaults to the federal minimum wage, in just the past ~5 years 29 other states have effectively increased their minimum wage. v @EconomicPolicy https://t.co/KTGH2k99KQ
Adjusting for local wages, Philadelphia has the lowest relative minimum wage of large U.S. cities. Check out analysis from my new @pewtrusts colleagues. https://t.co/70z5d93h9Y