Biden Economic Plan to Focus First on Infrastructure This Week
WASHINGTON — President Joe Biden will lay out the first part of his multitrillion-dollar economic recovery package this week, focusing on rebuilding roads, bridges and other infrastructure, followed by a separate plan later in April addressing child and health care.
Infrastructure Plan Coming March 31, Biden Says
President Joe Biden said he will unveil his long-term economic rejuvenation plan March 31, promising a new “paradigm” for the middle class and a major ramp-up in investment and infrastructure spending that will strengthen the U.S. position against China.
Broad Economic Plan Featuring Infrastructure Could Cost $3 Trillion
The Biden administration is considering as much as $3 trillion worth of measures to include in a long-term economic program for infrastructure and other initiatives, according to three people familiar with the deliberations.
White House Hasn’t Ruled Out Democrat-Only Infrastructure Plan
White House Senior Adviser Cedric Richmond left open the possibility that the Biden administration could seek passage of an infrastructure plan with only Democratic votes after the president drew criticism for a $1.9 trillion virus relief package that’s poised to pass along partisan lines.
Biden Orders USDOT to Review Supply Chain
President Joe Biden has directed the Department of Transportation to conduct a review of the nation’s supply chain in the wake of challenges that arose during the earlier days of the coronavirus pandemic.
Senate Confirms EV Proponent Jennifer Granholm as Energy Secretary
Former Michigan Gov. Jennifer Granholm won Senate confirmation Feb. 25 to be President Joe Biden’s energy secretary. The vote was 64-35.
Biden to Order Review of Supply Chains
President Joe Biden is preparing to sign an executive order to review U.S. supply chains for large-capacity batteries, pharmaceuticals, critical minerals and semiconductors that power cars, phones, military equipment and other goods.
Biden Gives Small Firms Exclusive Two-Week Access to PPP
President Joe Biden said his administration is seeking to help small businesses by giving them exclusive access to the Paycheck Protection Program for two weeks, and he called on lawmakers to pass his $1.9 trillion stimulus plan to provide additional assistance.
February 22, 2021Biden Team Pledges Aggressive Steps to Address Chip Shortage
The Biden administration is working to address the global semiconductor shortage that has caused auto manufacturers and other U.S. industries to halt production, a White House official said.
Biden Says China Will ‘Eat Our Lunch’ Without Infrastructure Plan
President Joe Biden urged Congress to move quickly on a large infrastructure improvement plan in a meeting Feb. 11 with four senators, declaring that China is poised to “eat our lunch” otherwise.