TELL CONGRESS: PASS THE BUILD ACT
American businesses, entrepreneurs, and investors are some of the most successful in the world. Imagine the impact they can have on a developing economy. But right now, too many of them are on the sidelines. The BUILD Act was just introduced in Congress to help bring them into this fight with us.
The simple truth is: the best tool for fighting poverty is a job.
And right now, there are a lot of American entrepreneurs and investors who want to do business in developing and fragile countries — places where new jobs and stronger economic development could make a huge difference — but can’t get the loans or insurance they need in order to do it. The BUILD Act would help create jobs in Africa by helping American entrepreneurs do business there.
ONE members worked so hard to pass the Electrify Africa Act a few years ago to empower people living in extreme poverty, and the BUILD Act is the next step for us on that journey. Both bills are rooted in partnership with the private sector, and designed to create sustainable, mutually beneficial opportunities for progress.
This is also why the BUILD Act is bringing Republicans and Democrats together on Capitol Hill. It was introduced by Senators Bob Corker (R-Tenn.) and Chris Coons (D-Del.), and Representatives Ted Yoho (R-Fla.) and Adam Smith (D-Wash.). It says a lot about the importance of this legislation that they’ve teamed up.
The BUILD Act would bring tens of billions of dollars in new private-sector investment into the fight against extreme poverty by helping innovative entrepreneurs build infrastructure projects, create first-time access to electricity, start businesses, and expand their reach in fragile and developing countries. Together, U.S. aid programs and the private sector can provide the jobs and opportunity to help communities grow their way out of extreme poverty. Please pass the BUILD Act.