Current:Home > MyBiden unveils nearly $5 billion in new infrastructure projects -MarketStream
Biden unveils nearly $5 billion in new infrastructure projects
Ethermac View
Date:2025-04-10 05:26:31
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! (22)
Related
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Gucci’s new creative director plunges into menswear with slightly shimmery, subversive classics
- Supreme Court agrees to hear Starbucks appeal in Memphis union case
- A Florida hotel cancels a Muslim conference, citing security concerns after receiving protest calls
- Tom Holland's New Venture Revealed
- The FAA is tightening oversight of Boeing and will audit production of the 737 Max 9
- Colin Kaepernick on Jim Harbaugh: He's the coach to call to compete for NFL championship
- New test of water in Mississippi capital negative for E. coli bacteria, city water manager says
- A New York Appellate Court Rejects a Broad Application of the State’s Green Amendment
- Judge orders Indiana to strike Ukrainian provision from humanitarian parole driver’s license law
Ranking
- Messi injury update: Ankle 'better every day' but Inter Miami star yet to play Leagues Cup
- Michigan’s tax revenue expected to rebound after a down year
- Mayday call from burning cargo ship in New Jersey prompted doomed rescue effort for 2 firefighters
- Fox News stops running MyPillow commercials in a payment dispute with election denier Mike Lindell
- Former Milwaukee hotel workers charged with murder after video shows them holding down Black man
- Kalen DeBoer's first assignment as Alabama football coach boils down to one word
- Oregon Supreme Court declines for now to review challenge to Trump's eligibility for ballot
- NFL All-Pro: McCaffrey, Hill, Warner unanimous; 14 first-timers
Recommendation
3 years after the NFL added a 17th game, the push for an 18th gets stronger
Pakistan effectively shuts the key crossing into Afghanistan to truck drivers
Lawmakers may look at ditching Louisiana’s unusual ‘jungle primary’ system for a partisan one
Mass shooting at Buffalo supermarket now Justice Department’s first death penalty case under Garland
Sam Taylor
DOJ seeks death penalty for man charged in racist mass shooting at grocery store in Buffalo
Tearful Russian billionaire who spent $2 billion on art tells jurors Sotheby’s cheated him
House GOP moving forward with Hunter Biden contempt vote next week