NABTU Statement on Fiscal Responsibility Act

Washington, D.C. – May 30, 2023 – North America’s Building Trades Unions (NABTU) President Sean McGarvey issued the following statement:

“We applaud President Biden and House Leadership for coming together on behalf of the American people and striking a deal which, upon Congressional passage, will deter a global economic catastrophe that would severely impact the retirement security and job opportunities of millions of building trades working families.

“In addition, the Fiscal Responsibility Act reinforces that America must have an all the above approach to building and maintaining energy infrastructure. Our country’s energy future is dependent on both fossil fuels and renewables.

“From permitting reform and preservation of the IRA’s clean energy tax credit to approval of the Mountain Valley Pipeline, the FRA aligns with NABTU’s mission of creating economic security and opportunity for millions of construction workers.

“There is more work to do to address these policy issues, but for now, the time for debate is over. The time for action is upon Congress, and it needs to get this bill to President Biden’s desk as soon as possible.”

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Media Contact: Betsy Barrett, (202) 756-4623 | bbarrett@nabtu.org

About NABTU: North America’s Building Trades Unions is an alliance of 14 national and international unions in the building and construction industry that collectively represent over 3 million skilled craft professionals in the United States and Canada. Each year, our unions and signatory contractor partners invest almost $2 billion in private-sector money to fund and operate over 1,900 apprenticeship training and education facilities across North America that produce the safest, most highly trained, and productive skilled craft workers found anywhere in the world. NABTU is dedicated to creating economic security and employment opportunities for its construction workers by safeguarding wage and benefits standards, promoting responsible private capital investments, investing in renowned apprenticeship and training, and creating more construction career pathways to the middle class for women, communities of color, indigenous people, veterans, and the justice-involved. For more information, please visit nabtu.org