Biden highlights economic transformation at New Mexico wind tower plant

  • 📰 Reuters
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 97%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

'Our plan is working': US President Joe Biden took his economic pitch to New Mexico amid a three-state swing through the American West to invigorate his re-election bid

Biden, a Democrat who is running for reelection, said the Arcosa plant is the latest piece of evidence that the country is on the cusp of a clean energy manufacturing boom spurred in part by billions of dollars in tax credits included in his Inflation Reduction Act , which was passed in Congress without Republican votes last year.

Biden is in the middle of a three-state swing through the American West to invigorate his reelection bid by touting the economy and new infrastructure projects to an American public still unhappy about the direction of the country. Biden said previous administrations promised to invest in U.S. manufacturing, only to see jobs and capital move abroad. He said the historic investments from the IRA law, combined with stringent requirements to force companies to build supply chains domestically, have reversed that trend.U.S. President Joe Biden delivers remarks on the economy at Arcosa, a wind tower manufacturing facility, in Belen, New Mexico, U.S., August 9, 2023.

The White House and the Biden campaign are eager to win over skeptical Americans about the effectiveness of his policies to boost the economy and fight global warming.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in LAW

Law Law Latest News, Law Law Headlines