ICYMI: AP: Biden to require US-made steel, iron for infrastructure
Biden Administration Ensures Infrastructure Investments Boost U.S. Manufacturing
In Case You Missed It – President Biden announced new rules for projects funded by the Bipartisan Infrastructure Law, requiring that construction material be sourced from the United States. The move will strengthen American manufacturing and promote his “Made in America” agenda.
The Bipartisan Infrastructure Law, a major public investment in America’s future, is creating good-paying jobs, easing supply chain strains, reducing American reliance on foreign markets, and rebuilding America.
The Biden administration is taking a key step toward ensuring that federal dollars will support U.S. manufacturing — issuing requirements for how projects funded by the $1 trillion bipartisan infrastructure package source their construction material.
President Joe Biden hopes to create more jobs, ease supply chain strains and reduce the reliance on China and other nations with interests that diverge from America’s.
“From Day One, every action I’ve taken to rebuild our economy has been guided by one principle: Made in America,” Biden said Thursday in Greensboro, North Carolina. “It takes a federal government that doesn’t just give lip service to buying American but actually takes action.”
- Getting more industrial jobs will likely mean adding more factories and assembly lines — as manufacturers are operating at a 78.7% capacity, which the Federal Reserve notes is above the historical average.
About Invest in America
The operation consists of two components: Invest in America, the charitable and public education arm, which is a fiscally sponsored project of Economic Security Project funded by the William and Flora Hewlett Foundation and Economic Security Project co-chair Chris Hughes; and Invest in America Action, the advocacy and social welfare arm, which is a fiscally sponsored project of Economic Security Project Action funded by Chris Hughes and the Omidyar Network.