Biden-Harris Administration Spurs $1 Trillion in Private Sector Investment
The Biden-Harris Administration’s Investing in America agenda, encompassing the Bipartisan Infrastructure Law, CHIPS and Science Act, and Inflation Reduction Act, has spurred over $1 trillion in private sector investment announcements in clean energy and manufacturing. This government-enabled, private-sector-led approach has exceeded economic forecasts, significantly increasing factory construction and creating hundreds of thousands of jobs, particularly in clean energy and construction. Investments are disproportionately benefiting lower-income communities and fostering the creation of high-quality, well-paying jobs. This strategy leverages public funding to stimulate economic growth and strengthen domestic manufacturing capacity.
John Q. Hosedrinker