Current:Home > MyBiden unveils nearly $5 billion in new infrastructure projects -WealthStream
Biden unveils nearly $5 billion in new infrastructure projects
View
Date:2025-04-15 07:29:44
Washington — President Biden unveiled a nearly $5 billion investment for dozens of infrastructure projects throughout the country on Thursday during a visit to a Superior, Wisconsin, including a key bridge connecting the state to Minnesota.
The investment targets 37 major infrastructure projects throughout the country across at least 12 states, with much of the funding going toward repairing and building new bridges. Among the investments is $600 million to replace the I-5 bridge that connects Washington and Oregon; $372 million for the Sagamore Bridge in Cape Cod, Massachusetts; and $1.06 billion to replace the Blatnik Bridge that runs between Wisconsin and Minnesota, near where Mr. Biden appeared for the announcement on Thursday.
The president surveyed the bridge site ahead of his speech, taking time to speak with iron workers. He called the Blatnik Bridge a "vital" link for the nation's economy.
"For decades, people talked about replacing this bridge. But it never got done — until today," Mr. Biden said, to applause from the brewery where he spoke. "I'm beyond proud to announce $1 billion from the bipartisan infrastructure law will be used to build this new bridge — a new bridge that will increase capacity for large trucks and oversized loads, a new bridge with a modern design, wider shoulders, smoother on-and-off ramp, a new bridge with a shared path for pedestrians and cyclists."
"This funding is part of a larger $5 billion investment led by the Department of Transportation for 37 major projects across America, including bridges, highways, ports, airports," the president continued.
White House principal deputy press secretary Olivia Dalton called this a "full-circle moment" for the president, who visited the bridge site about two years ago.
The announcement is part of the administration's broader strategy to invest in infrastructure projects, after passing signature legislation like the Bipartisan Infrastructure Law, the Inflation Reduction Act and CHIPS and Science Act earlier in Mr. Biden's presidency. The new projects add to more than $400 billion for 40,000 infrastructure projects that the White House previously unveiled. The White House and Biden campaign are looking to tout infrastructure projects heading into the general election.
- Sagamore Bridge replacement project gets hundreds of millions from Biden administration
The president has made it clear he believes former President Donald Trump will be his competition in November, a belief that's increasingly reflected in his speeches.
"He talked about infrastructure every week for four years. 'Infrastructure week,'" Mr. Biden said of Trump on Thursday. "Well, we have infrastructure year. On my watch, instead of infrastructure week, America's having an infrastructure decade."
More than half of the funding announced Thursday, $2.8 billion, will go to projects in rural parts of the country, the White House said. Outside of the bridges, funding is also allocated for an offshore wind project in California, a new container terminal for shipping vessels in Louisiana and a rail improvement project in Nevada.
The president's visit to Wisconsin comes on the heels of the United Auto Workers endorsing him on Wednesday.
"Joe Biden bet on the American worker while Donald Trump blamed the American worker," UAW President Shawn Fain said in his announcement during the UAW's political convention in Washington, D.C. "We need to know who's gonna sit in the most powerful seat in the world and help us win as a united working class. So if our endorsements must be earned, Joe Biden has earned it."
- In:
- Infrastructure
Kathryn Watson is a politics reporter for CBS News Digital based in Washington, D.C.
veryGood! (4813)
Related
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Teen charged in fatal after-hours stabbing outside Connecticut elementary school
- 11 hurt when school bus carrying YMCA campers crashes in Idaho
- RSV prevention shot for babies gets OK from CDC
- Military service academies see drop in reported sexual assaults after alarming surge
- 'A horrible person': Suspect accused of locking woman in cage had aliases, prior complaints
- Couple who held impromptu reception after wedding venue caught fire return for anniversary trip
- Crammed with tourists, Alaska’s capital wonders what will happen as its magnificent glacier recedes
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Kai Cenat will face charges of inciting a riot after chaotic New York giveaway, NYPD says
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Teen Mom's Gary Shirley Posts Rare Photo of His and Ex Amber Portwood's 14-Year-Old Daughter Leah
- Remote volcano in Alaska spews new ash cloud, prompting aviation warnings
- Chris Christie makes surprise visit to Ukraine, meets with Zelenskyy
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- FTC Chair Lina Khan says AI could turbocharge fraud, be used to squash competition
- $50 an hour to wait in line? How Trump's arraignment became a windfall for line-sitting gig workers
- Texas abortion bans lifted temporarily for medical emergencies, judge rules
Recommendation
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Driver says he considered Treat Williams a friend and charges in crash are not warranted
How news of Simone Biles' gymnastics comeback got spilled by a former NFL quarterback
$50 an hour to wait in line? How Trump's arraignment became a windfall for line-sitting gig workers
Trump wants to turn the clock on daylight saving time
Teen charged with murder in killing of NYC dancer O'Shae Sibley: Sources
Teen charged with murder in killing of NYC dancer O'Shae Sibley: Sources
Kagan says Congress has power to regulate Supreme Court: We're not imperial