Biden Announces $7.3 Billion Clean Energy Investment in Rural America

The initiative aims to modernize rural electrification and support clean energy projects across 23 states, despite criticism from energy groups.

The funding will support 16 rural electric cooperatives and is the largest rural electrification investment since the New Deal.
Dairyland Power Cooperative in Wisconsin will receive $573 million for solar and wind projects, reducing electric rates by 42% over ten years.
Critics argue the initiative is politically motivated and question the reliability and economic impact of the proposed energy sources.
The program is expected to create 4,500 permanent jobs and 16,000 construction jobs, while reducing greenhouse gas emissions significantly.
Biden's announcement comes as the national debt surpasses $35 trillion, raising concerns about fiscal responsibility.