Story at a glance:
- The overall $550 billion bipartisan infrastructure deal is the “single largest investment in clean energy transmission in American history.”
- Under the deal, $73 billion is supposed to expand clean energy resources and make them available from place to place.
- Biden in March wanted his American Jobs Plan to include $100 billion for the power grid, $174 billion for electric vehicles and $46 billion for clean energy manufacturing.
An agreement was made Wednesday between the Senate and the White House on a $550 billion infrastructure deal, with substantial focus on revitalizing the nation’s power grid and boosting its clean energy sector.
As part of the package, $73 billion would go toward expanding clean energy resources and making them available from place to place, NBC News reported, as the White House calls this overall bipartisan infrastructure deal the “single largest investment in clean energy transmission in American history.”
The plan will also build electric vehicle charging stations across the U.S. for $7.5 billion.
Notably the deal will make it easier to adopt clean energy and cut red tape that makes it harder to build newly needed power lines, according to NBC News.
“President Biden believes that we must invest in our country and in our people by creating good-paying union jobs, tackling the climate crisis, and growing the economy sustainably and equitably for decades to come,” a White House statement reads. “The Bipartisan Infrastructure Deal will deliver progress towards those objectives for working families across the country.”
As The Hill previously reported, President Biden on Wednesday hailed a bipartisan infrastructure deal as a signal to the world that “our democracy can function, deliver and do big things” while acknowledging there remains “plenty of work” to get the bill passed.
“Of course, neither side got everything they wanted in this deal. But that’s what it means to compromise and forge consensus—the heart of democracy. As the deal goes to the entire Senate, there is still plenty of work ahead to bring this home. There will be disagreements to resolve and more compromise to forge along the way,” Biden said in a statement after the deal was announced by senators Wednesday afternoon.
“But the bottom line is—the Bipartisan Infrastructure Deal is a blue-collar blueprint to rebuild America that will help make our historic economic recovery a historic long-term boom,” he said.
Originally, Biden in March wanted his American Jobs Plan to include $100 billion for the power grid, $174 billion for electric vehicles and $46 billion for clean energy manufacturing. With the leftover money from the deal, Democrats are expected to try to put it to good use in a separate, bipartisan deal — the $3.5 trillion spending bill they hoped to pass even without Republican support, NBC reported.
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