Here’s why we need to take a closer look at community infrastructure and manufacturing investments, along with new resources from the White House.
Since President Biden signed the Bipartisan Infrastructure Act (BIL) in November 2012, approximately $454 billion in BIL funding has been announced for 56,000 specific projects and awards across all 50 states ( battleground states get maximum rewards), White House It was published last Monday to coincide with the start of Infrastructure Week. Haven’t you heard about it?we are not completely surprised all news in trade this weekbut BIL is chronically underrecognized.
Make no mistake, this is a once-in-a-generation investment that will give America’s roads, bridges, public transportation, airports, ports, drinking water, and much-needed fundamental updates. Here are some numbers to show the range. So far, the Biden administration has initiated the following: Over 165,000 miles of road. 9,4000 bridge repair projects. Approximately 3,000 low- and zero-emission American transit buses. 300 airport terminal projects. 1,400 drinking water and wastewater projects;But despite all this, the BIL project Tends to get lost in the noise In most cases.It’s a question plaguing the Biden administration. From the beginning.
surely, POLITICO-Morning Consult Poll An April survey found that the majority of registered voters in the United States had “never seen, read, or heard anything about three of Biden’s four major spending proposals.”Unfortunately this matches ours vote The survey, conducted on our behalf by Morning Consult in June 2023, found that only about one-third of likely voters are from their region (30%) and the United States (36%). It was reported that they had never seen, read or heard of any new factories being built in ).
Frankly, it’s sometimes hard to believe that the public hasn’t seen all the factory openings and big infrastructure projects that have unfolded over the past few years, but it’s not out of a lack of compassion. there is no.Same June 2023 poll Strong majorities of Americans indicate they want the federal government to do more to bring manufacturing back to the United States (70%) and to be tougher on China (70%) . (Indeed, the Biden administration Recent Section 301 Tariff Increases Imports from China will please these voters. )
Of course, the infrastructure law is just one aspect of the Biden administration’s industrial investment plan to transform America’s landscape and economy. Together, the BIL, the Inflation Control Act, the CHIPS and Science Act, and the American Rescue Plan will pump $1.6 trillion into the U.S. economy.and only one third Once that huge amount of money is deployed, more and more Americans can expect to see benefits in their communities.. But what has already been invested is working. Since Biden took office, private companies have announced: $866 billion Investments in manufacturing and clean energy.
To correct the public’s lack of recognition of the Biden administration’s industrial policy achievements, White House officials and cabinet members did the following: 500+ trips This is to foretell the administration’s “investment in America” policy. But the new resources aim to give communities a more local picture of how these investments will impact them. New state fact sheet Along with national statistics investment government. Check out our showcase of major infrastructure, manufacturing, and clean energy projects. in your state.
Infrastructure Week passed several years before BIL was held. There is little to show thatBIL has delivered victories across the country and will continue to do so.
“While Infrastructure Week became an empty punchline under the previous administration, the Biden administration is committed to delivering infrastructure that will benefit our communities for generations to come,” said White Horse Chief of Staff Natalie Quillian. he said. told reporters This was stated at a briefing held ahead of Infrastructure Week 2023.