Latest Releases
The Affordable Housing and Homeownership Protection Act Would Tackle Housing Crisis by Creating Millions More Homes and Helping Main Street Compete with Wall Street
WASHINGTON, DC – As the nation’s housing shortage pushes home prices and rents to historic levels, a new Senate bill would provide tens of billions of dollars to help create millions of new homes for low-income Americans. U.S. Senators Tina Smith (D-MN), Jack Reed (D-RI)and Tammy Baldwin (D-WI) are teaming up with several colleagues to introduce the Affordable Housing and Homeownership Protection Act (S. 3673). This bill would generate up to $50 billion over ten years to help build and preserve approximately 3 million affordable housing units nationwide. The bill would be fully paid for through a transfer tax on large investors who profit by purchasing sixteen single-family homes or more. Driven by a shortage of as many as 6.8 million homes nationwide, homes prices have surged 39% and rents 31% over the last four years, according to the National Association of Realtors and Zillow. Higher rents and fewer opportunities for homeownership are devastating for millions of families. As housing costs skyrocket, more households are priced out of homeownership, while renters have less to spend on food, clothing, and other everyday necessities. Low-income Americans are particularly strained – the National Low Income Housing Coalition estimates 73% of extremely low-income households spend more than half their income on housing. Unsurprisingly, homelessness has risen in line with housing prices and is up 15% since 2019. Unfortunately, federal investments in low-income housing are insufficient to solve this affordability crisis. Indeed, researchers at Harvard University found that the three largest federal housing programs serve nearly
Klobuchar, Smith Announce Significant Federal Infrastructure Grant to Improve Highway 169
WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and Tina Smith (D-MN) announced a $24.7 million federal grant for the US 169 Rural Safety and Mobility Interchange Project in Sherburne County, which will eliminate the signal-controlled intersection at County Road 4 and replace it with a grade-separated, hybrid diamond interchange. The current intersection has crash rates at nearly five times the state average and has been ranked the second most dangerous intersection in central Minnesota. This project will also reduce traffic congestion and accommodate anticipated growth on this important regional highway. In addition, the new interchange will have a multi-use trail for pedestrian and bike access. Funding for this project comes from the U.S. Department of Transportation’s INFRA (Nationally Significant Multimodal Freight & Highway Projects) grant program. “Highway 169’s signal-controlled intersection has been ranked as one of the most dangerous intersections in central Minnesota. Drivers who use this intersection every day deserve a safer alternative,” said Klobuchar. “This federal grant will make much-needed improvements to make the interchange secure for drivers and pedestrians.” “Revitalizing our infrastructure is about more than just fixing roadways and bridges; it’s about improving people’s lives, which is precisely what this project will do,” said Smith. “This intersection on Highway 169 is dangerous in its current form. Now, Minnesota has the federal investment to make this vital corridor safer for everyone.” INFRA grants can be used by communities across the country for multimodal freight and highway projects of national or regional significance to improve the safety, efficiency, and reliability of freight
U.S. Senator Tina Smith, Colleagues Slam FDA E-Cigarette Policy Riddled with Loopholes for Kid-Appealing Flavors
WASHINGTON, D.C. [01/13/20]–Today, U.S. Senator Tina Smith (D-Minn.)—a member of the Senate Health Committee—and 29 of her Senate colleagues sent a letter to the Food and Drug Administration (FDA) Commissioner criticizing the FDA’s decision to break the Administration’s promise to clear all non-tobacco flavored e-cigarette products from the market. On January 2, the FDA announced a weak policy that includes huge exceptions regarding menthol-flavored products and any flavored e-liquids that are not in a cartridge. This comes at a time when the youth vaping epidemic has reached an all-time high. “We are deeply disappointed with the Trump Administration’s stark reversal from its September 11, 2019 commitment to
U.S. Senators Smith & Collins Call for Quick Implementation of Bipartisan Tick Act
WASHINGTON, D.C. [01/13/20]—U.S. Senators Tina Smith (D-Minn.) and Susan Collins (R-Maine) called on the Secretary of the Department of Health and Human Services (HHS) to urge quick implementation of the Kay Hagan Tick Act that Sens. Smith and Collins authored. Their bipartisan bill—signed into law in December—will improve research, prevention, diagnostics and treatment for tick-borne diseases. “The new law is named after the late Senator Kay Hagan, who tragically died from Powassan virus, a tick-borne disease this past October. The law provides a unified approach with leadership at the federal level and resources at the local level to combat the escalating burden of tick
U.S. Senator Tina Smith Leads Senate Colleagues in Calling on Trump Administration to Extend Humanitarian Protections for Somali Nationals
WASHINGTON, D.C. [01/10/20]—U.S. Senator Tina Smith (D-Minn.) led a number of her Democratic Senate colleagues—including fellow Minnesota Senator Amy Klobuchar—in calling on the Department of Homeland Security (DHS) to extend humanitarian protections granted to hundreds of Somali nationals who have taken refuge in our nation, including many in Minnesota, before the deadline to decide whether to extend protections on January 17 of this year. Somalia was first designated for Temporary Protected Status (TPS) nearly 30 years ago because of ongoing civil war, human rights abuses and violence in the country. These conditions continue to persist, which is why Sen. Smith is again leading her colleagues in pressing to extend TPS protections
U.S. Senator Tina Smith Says She’ll Support Bipartisan Trade Agreement with Mexico and Canada In Upcoming Senate Vote
WASHINGTON, D.C. [01/08/20]—Today, U.S. Senator Tina Smith (D-Minn.)—a member of the Senate Agriculture Committee—announced that she’ll support the bipartisan United States-Mexico-Canada Agreement (USMCA) when it comes up for a vote in the Senate. Sen. Smith’s announcement comes after she helped secure key improvements to the agreement that strengthen protections for workers and improve access to affordable medicines. The USMCA also includes measures Sen. Smith has been fighting hard for to open new markets for U.S. dairy exports and end unfair Canadian milk pricing rules that hurt U.S. farmers. “I’ve long said that I want to vote for a trade agreement that lifts up workers, businesses, agriculture and consumers—and
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