Harris Biden Accomplishments: Economy & Environment
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Rebuilding US Transportation and Energy Infrastructure
Infrastructure Investment and Jobs Act (2021) – Biden and Harris got Democrats and a few Republicans to pass a big infrastructure bill. Trump had promised one but never delivered. Under the bill, America is updating and expanding rural broadband, transportation, energy, and water systems across the country.
Bringing Manufacturing Back to the United States
Computer chips – the US invented them, they drive the devices that consumers, tech, and the military rely on, and we now depend on Taiwan to supply them. The CHIPS and Science Act of 2022 is bringing manufacture of the most advanced ones back to the US with tax incentives and R&D funding. Factories are already being built because of CHIPS.
The Build America, Buy America Act (2021) added requirements to the Infrastructure bill to give preference to American manufacturers for construction material and manufactured products.
By 2023, manufacturing employment had risen by about 800,000 jobs from when Biden and Harris took office, and was slightly higher than the highest value of the Trump administration.
Restoring American Leadership in Clean Energy
Burning fossil fuels dirties the air and warps the climate. Virtually all nations agreed to curb emissions by signing the 2015 Paris Climate Agreement. The US left the agreement under Trump and returned under Biden (2021).
The Inflation Reduction Act (2022) is making the United States economy cleaner and more sustainable with funding for advanced battery technology, renewables and nuclear energy production, and electric transportation.
Saving Money, Catching Rich Tax Cheats
The Inflation Reduction Act saves taxpayer money by ordering Medicare to negotiate drug prices with suppliers. Previously this had been forbidden.
In recent decades, the IRS has investigated wealthy tax cheats less and less. The Inflation Reduction Act refocused enforcement on individuals making more than a million dollars a year, recovering over a billion dollars in back taxes from the wealthy. The law also gives more funding to the agency for both enforcement and for better customer service.