Biden to Require US-Made Steel, Iron for Infrastructure

Österreich Nachrichten Nachrichten

Biden to Require US-Made Steel, Iron for Infrastructure
Österreich Neuesten Nachrichten,Österreich Schlagzeilen
  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

The Biden administration is taking a key step to ensure federal dollars will support U.S. manufacturing

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.

The guidance being issued Monday requires that the material purchased — whether it's for a bridge, a highway, a water pipe or broadband internet — be produced in the U.S., according to administration officials. However, the rules also set up a process to waive those requirements in case there are not enough domestic producers or the material costs too much, with the goal of issuing fewer waivers over time as U.S. manufacturing capacity increases.

“There are going to be additional opportunities for good jobs in the manufacturing sector," said Celeste Drake, director of Made in America at the White House Office of Management and Budget. 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. With inflation at a 40-year high ahead of the 2022 midterm elections, he's betting that more domestic production will ultimately reduce price pressures to blunt Republican attacks that his $1.9 trillion coronavirus relief package initially triggered higher prices.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

nbcsandiego /  🏆 524. in US

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Biden to require US-made steel, iron for infrastructureBiden to require US-made steel, iron for infrastructureThe 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. The guidance being issued Monday requires that the material purchased — whether it's for a bridge, a highway, a water pipe or broadband internet — be produced in the U.S., according to administration officials.
Weiterlesen »

Biden can’t keep China out of ‘Made in America’Biden can’t keep China out of ‘Made in America’'Made in America' very often includes a nod to China in a failure of the Biden administration.
Weiterlesen »

Biden Revamps Secret Flights Filled with Border Crossers into U.S.Biden Revamps Secret Flights Filled with Border Crossers into U.S.President Joe Biden has revamped his administration's near-midnight flights filled with border crossers to American communities.
Weiterlesen »

Biden and US allies face new dilemma on Ukraine aidBiden and US allies face new dilemma on Ukraine aidUkraine's military took a defiant stand this weekend -- refusing to give in to Russia's demand for Kyiv's troops in the port city of Mariupol to surrender — at the same time that President Joe Biden and his allies face a new precipice in deciding how far the US can go in arming the embattled country, as Russia signals that it may take more aggressive action to stop the flow of weapons from the US and NATO.
Weiterlesen »

Here’s how much President Biden paid in taxesHere’s how much President Biden paid in taxesOn Friday, three days ahead of tax day for most Americans, President Joe Biden and Vice President Kamala Harris released the completed tax returns from their first year in office.
Weiterlesen »



Render Time: 2025-04-08 01:33:04