Dear Neighbor,
After decades of disinvestment in infrastructure and clean energy, President Biden and Congressional Democrats have turned things around for the United States. Historic legislation -- including the American Rescue Plan, the Bipartisan Infrastructure Law, the CHIPS and Science Act, and the Inflation Reduction Act -- has set a clear path forward for our nation’s critical investments.
That legislation has allowed the Biden-Harris Administration to commit nearly $300 billion so far for public infrastructure and clean energy in America, including:
- $177 billion for roads, bridges, public transit, seaports and airports, electric school and transit buses, EV charging, and more.
- $103 billion for grants, rebates, and other initiatives to accelerate the deployment of clean energy, clean buildings, and clean manufacturing.
- $16.5 billion to make our communities more resilient to climate change.
- $22.3 billion to provide clean water and improve water infrastructure, including $5.7B dedicated to lead pipe and service line replacement.
But those public investments are just the tip of the iceberg. Under the Biden-Harris Administration, private companies have announced $503 billion so far in commitments to invest in 21st Century industries, including:
- $231 billion for semiconductors and electronics
- $133 billion for electric vehicles and batteries
- $103 billion for clean energy
- $19 billion for biomanufacturing
- $14 billion for heavy industry
Together, these public and private investments represent a renaissance for American manufacturing and a revitalization of aging American infrastructure. I am proud to have worked with the Administration and my colleagues in Congress to make them happen.
For more information on these historic investments, including their impact right here in Virginia, I encourage you to visit www.invest.gov.
As always, if my office or I can ever be of assistance, please don’t hesitate to contact me at (703) 256-3071.