A recent report by the Roosevelt Institute, supported by the philanthropies of Melinda French Gates and the Rockefeller Brothers Fund, outlines a 2029 plan aimed at reshaping U.S. governance through progressive policies. This blueprint includes recommendations for organizations like USAID, corporate governance, judicial restructuring, and economic strategies, emphasizing a new approach to power, investment, and environmental policy.
1. Rebuilding USAID:
USAID is proposed to be reformed to focus more on international climate finance.
Recommendations include restoring climate funding, committing to green investments, and helping foreign governments implement environmental policies.
2. Corporate Voting Rights:
The plan suggests that the government should have voting rights in companies where it holds shares.
This would involve granting the government powers to veto certain corporate actions and align investments with public objectives.
3. Changes to the Supreme Court:
Proposed measures include court expansion, stricter judicial ethics, and redefining the Court's jurisdiction to avoid "bad-faith" presidencies.
Suggested reforms also include restructuring the Senate's powers, such as ending the filibuster and possibly reallocating voting power.
4. Immigration Enforcement:
Reversing expanded immigration enforcement is emphasized, linking it to broader social movement support, particularly climate organizations.
5. Presidential Powers:
The plan advocates for using executive power first, such as imposing carbon charges, followed by legislative codification.
6. National Investment Authority:
A new authority would finance infrastructure and investment with backing from the Federal Reserve, promoting long-term projects without annual budget constraints.
7. Government-Owned Factories:
Recommendations include establishing government factories to produce critical energy equipment and financing these projects through defense and energy grants.
8. Labor and Industrial Policy:
Companies receiving federal support should comply with stronger labor requirements and pro-union policies, linking economic support to workforce protections.
9. Strategy on Chinese Imports:
The plan acknowledges the need for cooperation with Chinese technologies in specific sectors while maintaining American roles in maintenance and financing.
10. Grid Investment and Renewable Energy:
Proposals include forming a National Grid Planning Authority and incentives for replacing fossil fuel-powered equipment with electric alternatives.
11. Regulatory Changes:
Agencies would change how they justify regulations and focus on climate policy effectiveness instead of traditional economic models.
12. Federal Workforce Restructuring:
A redesigned federal workforce could bypass existing rehiring protections for displaced workers to recruit necessary expertise effectively.
The 2029 blueprint by the Roosevelt Institute is an extensive plan advocating for a transformative approach to U.S. governance and policy. With proposals ranging from corporate governance to climate action, the document emphasizes the importance of leveraging presidential powers and reforming institutions to achieve progressive goals.
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