Archive for the ‘Press Release’ Category

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EIG Urges California To Re-Evaluate its Recommendations for Opportunity Zones Designations

Washington D.C. – Today, the Economic Innovation Group (EIG) released a letter urging California to reconsider its preliminary recommendations for census tracts to be designated as Opportunity Zones. Opportunity Zones are a new national community investment incentive established by a bipartisan provision of the Tax Cuts and Jobs Act to connect low-income communities with long-term…

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EIG Applauds Measure to Revitalize Distressed Communities in Senate Tax Reform Package

Today, the U.S. Senate approved the Tax Cuts and Jobs Act. The bipartisan Economic Innovation Group (EIG) released the following statement: “EIG applauds the United States Senate for including the bipartisan Investing in Opportunity Act in its comprehensive tax reform package. In spite of years of national growth, tens of millions of Americans live in…

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The Economic Innovation Group Urges Congress to Ensure Benefits of Tax Reform are Shared by More Americans

Washington, D.C. – Today, the House of Representatives unveiled its tax reform framework. The Economic Innovation Group (EIG) released the following statement: “Tax reform presents a critical opportunity to address the lack of economic growth and opportunity in America’s distressed communities. Tens of millions of Americans live in parts of the country that have seen no…

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Distressed Communities Index Reveals Five Year Gap in Life Expectancy Between Residents of Prosperous and Distressed Communities

/   Economic Innovation Group,

Amid growing division within the U.S. economy, most distressed zip codes have seen no net gains in jobs or businesses this century Washington, D.C. – The Economic Innovation Group (EIG) today released the 2017 Distressed Communities Index (DCI), a nationwide analysis and interactive tool for measuring the economic vitality of U.S. zip codes, cities, counties,…

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New State Index Reveals Nationwide Decline of Economic Dynamism

Most Dynamic State Today Scores Like One of the Least Dynamic States from Two Decades Ago Washington, D.C. – Today, the Economic Innovation Group (EIG) released the Index of State Dynamism (ISD), a new way to measure and analyze the long-term decline in economic dynamism across the United States. At a time when there is growing…

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