Current:Home > FinanceBiden unveils nearly $5 billion in new infrastructure projects -FinanceMind
Biden unveils nearly $5 billion in new infrastructure projects
Indexbit View
Date:2025-04-06 18:56:14
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! (9)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Beyoncé unveils first trailer for Renaissance movie, opening this December in theaters
- Ranking MLB's eight remaining playoff teams: Who's got the best World Series shot?
- What's plaguing Paris and why are Catholics gathering in Rome? Find out in the quiz
- What do we know about the mysterious drones reported flying over New Jersey?
- London's White Cube shows 'fresh and new' art at first New York gallery
- Vermont police launch manhunt for 'armed and dangerous' suspect after woman found dead
- 'The Exorcist: Believer' is possessed by the familiar
- Average rate on 30
- Gas prices are falling -- and analysts expect them to drop much further
Ranking
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Taiwan probes firms suspected of selling chip equipment to China’s Huawei despite US sanctions
- September 2023 was the hottest ever by an extraordinary amount, EU weather service says
- Indonesia denies its fires are causing blankets of haze in neighboring Malaysia
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Colorado funeral home operator known for green burials investigated after bodies found 'improperly stored'
- How did Uruguay cut carbon emissions? The answer is blowing in the wind
- AI was asked to create images of Black African docs treating white kids. How'd it go?
Recommendation
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Karol G honored for her philanthropy at Billboard Latin Music Awards with Spirit of Hope Award
A good friend and a massive Powerball jackpot helped an Arkansas woman win $100,000
A Florida man who shot down a law enforcement drone faces 10 years in prison
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
Health care strike over pay and staff shortages heads into final day with no deal in sight
'Cat Person' and the problem with having sex with someone just to 'get it over with'
German prosecutors say witness evidence so far doesn’t suggest a far-right leader was assaulted