MIAMI \u2014 The ONE Campaign today applauded Senator Marco Rubio for cosponsoring a new bipartisan bill that would bring tens of billions of dollars in new private-sector investment into the fight against extreme global poverty by helping innovative American entrepreneurs build infrastructure projects, create first-time access to electricity, start businesses, and expand their reach in developing markets.<\/p>\n
Earlier this year, a group of Floridians traveled to Washington to meet with Senator Rubio to urge him to cosponsor the Better Utilization of Investments Leading to Development (BUILD) Act (S.2463) and continue the United States\u2019 leadership in the fight against extreme global poverty.<\/p>\n
Paula Dinaro, a Miami-based volunteer with The ONE Campaign:<\/u><\/strong><\/p>\n \u201cEarlier this year, I traveled to Washington to meet with Senator Rubio to tell him that Floridians strongly support the BUILD Act and care deeply about continuing the United States\u2019 leadership in the fight against extreme global poverty.<\/p>\n \u201cThe BUILD Act would leverage new private-sector capital to build infrastructure, create first-time access to electricity, start businesses, create jobs, and ultimately work alongside American foreign aid to reduce extreme poverty in developing countries. It will give the U.S. government new tools for partnering with entrepreneurs and leveraging non-taxpayer dollars, while making it easier for American businesses to operate in emerging markets.<\/p>\n \u201cI\u2019m excited that Senator Rubio has decided to champion the BUILD Act, just as he did the READ Act last year. Senator Rubio should be applauded for his leadership in cosponsoring this bipartisan bill that would accelerate the modernization of America\u2019s engagement with the private sector in developing countries while reforming federal government programs to make them more efficient. The bill is a smart idea, and the type of proposal all legislators should be eager to support. I hope the rest of the Florida delegation, including Senator Bill Nelson, will join Senator Rubio in supporting this bill and help shepherd it through the Congress. ONE and its 134,000 members in Florida care deeply about this legislation, and we will stand behind our leaders if they help advance it forward.\u201d<\/p>\n About the BUILD Act<\/u><\/strong><\/p>\n The bill, which is sponsored by Senators Corker (R-TN) and Coons (D-DE), and Congressmen Yoho (R-FL-03) and Smith (D-WA-09), will establish a full-service, self-sustaining U.S. International Development Finance Corporation, reforming and streamlining the tools of OPIC, USAID\u2019s Development Credit Authority, Enterprise Funds and office of Private Capital and Microenterprise. It will have a full suite of tools including the authority to:<\/p>\n