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22 Jun, 5 tweets, 2 min read
Here's how the Mississippi River bridge closure is affecting nearby residents' lives and their economy: 1/5

West Memphis Mayor Marco McClendon says, “This has completely crippled our city in so many different ways, from just the quality of life to the economic impact.”
Jason Long, the general manager at Barton’s kitchen and bath showroom in West Memphis said, “You cannot get in and out of [the] parking lot with traffic the way it is,” and the congestion is hurting sales which are down 45% in the past month. 2/5
Brian Rhoads, a local dentist, says more people – almost double the usual rate – are rescheduling or no-showing for their appointments.

Southland Casino is the city's largest employer and their revenue has fallen nearly 33% since May. 3/5
Patrick Reilly, who co-owns Majestic Grille in downtown Memphis, said his regulars from Arkansas aren’t making the re-routed drive to his restaurant. “They’re calling and saying, ‘We’re sorry, we’re just not going to do it,’". 4/5
Americans all over the country are experiencing similar issues due to outdated infrastructure.

The President's infrastructure plan will help repair our crumbling roads, bridges, and water systems so every community can be at its best. 5/5

Read more: whitehouse.gov/briefing-room/…

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More from @WhiteHouse

The White House Profile picture
23 Jun
Since President Biden took office, we've been working to build an economy that works for every American — especially middle class Americans — not just a few at the top.
At just over 5 months in, let's check our progress.

#WhiteHouseDeepDive THREAD 1/6: How's the economy doing? Image
In the last four months, Americans have gone back to work in a big way.

In June 2020, average initial unemployment claims were over 1.6 million.

Now, those claims are down and the economy has created a record-breaking 2+ million new jobs since February. 2/6
We have also seen major improvement in restaurant, bar, and other food service sales, which are up nearly $17 billion since last June.

23% fewer Americans are behind on rent and the cost of gas is around what it was before the pandemic, in 2018. 3/6
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The White House Profile picture
21 Jun
Wondering what the #ChildTaxCredit means for your family? Here are just some of the families that will benefit. THREAD:
Jamie is a teacher and a single parent with three kids over six years old.

For Jamie’s family, #ChildTaxCredit means:
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• Another $4,500 after filing a tax return next year
Sam and Lee have two kids under six years old.

For their family, the #ChildTaxCredit means:
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The White House Profile picture
21 Jun
On July 15th, nearly all working families will start seeing $250 to $300 per child automatically deposited in their bank accounts or sent to their mailboxes. #ChildTaxCredit THREAD: 1/7 The Child Tax Credit -$3,000 to $3,600 per child for nearly
What's happening:

The American Rescue Plan increased the #ChildTaxCredit payments from $2,000 per child to $3,000 per child for children over the age of six and from $2,000 to $3,600 for children under the age of six -- and made the payments automatic and monthly for most. 2/7
Who qualifies for the #ChildTaxCredit?

Nearly all families with kids will qualify. Couples making less than $150,000 and single parents making less than $112,500 qualify for the full benefit. Those with higher incomes may qualify for a smaller benefit or no benefit. 3/7
Read 7 tweets
The White House Profile picture
16 Jun
The United States is one of the only countries in the world that doesn't guarantee paid leave.
President Biden wants to change that.

Today, we're taking a #WhiteHouseDeepDive into how the American Families Plan can help. THREAD: 1/9
The U.S. has fallen behind our economic competitors when it comes to the number of women in the labor force.

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1 in 5 retirees leave the workforce sooner than planned and the decline in women's participation in the workforce has led to over $64 billion lost in wages and economic activity per year. 3/9
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The White House Profile picture
9 Jun
THREAD: For today’s Wednesday Deep Dive, we’re breaking down President Biden’s Made in America Tax Plan. The plan will help ensure corporations pay their fair share in taxes and encourage job creation at home.
The 2017 tax law made an unfair system worse. A recent study found that 55 Fortune 500 companies paid $0 in federal corporate taxes on U.S. income in 2020.

The Made in America Tax Plan will reform the way the tax code treats the largest corporations.
The President’s tax plan will ensure that corporations pay their fair share by increasing the corporate tax rate to 28% – a lower tax rate than at any point since World War II other than the years after 2017.

This will fund investments to create good-paying, union jobs.
Read 7 tweets
The White House Profile picture
2 Jun
Yesterday, the President visited Tulsa, Oklahoma, to remember the Tulsa Massacre and recommit to building an economy that works for every American.

Today, we're doing a deep-dive into how the American Jobs Plan prioritizes addressing long-standing racial injustice.
The American Jobs Plan will expand job opportunities for communities of color by investing in equitable workforce development and job training, helping Black and Brown-owned small businesses access capital, and delivering high-speed broadband to all Americans.
People of color and low-income workers are more likely to live in areas burdened by pollution or vulnerable to climate change-related weather events. The American Jobs Plan will target 40% of the benefits of its climate and infrastructure investments to underserved communities.
Read 7 tweets

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