The People’s Budget would make major investments in creating good jobs, educating our children, stopping the disruption of our climate, changing the priorities in Pentagon spending, and restoring our democracy. It would pay for these and other public goods by turning our upside-down tax system right side up. In doing so, it would actually cut the federal budget deficit.
A core premise of the People’s Budget is that every American who wants to work should have a good job that allows them to care for and support their family. The budget aims to reach full employment and makes a $1 trillion investment in infrastructure in addition to financing for clean and renewable energy. It would also make essential investments in families, like universal pre-K, funding for every child eligible for Head Start, and building more affordable housing.
In addition to boosting wages through full employment, the People’s Budget calls for raising the minimum wage and the overtime threshold so companies can no longer avoid paying overtime to millions of workers. It would help working people care for loved ones and for themselves by guaranteeing paid sick days and by assisting states that establish insurance funds for paid family leave.