Particle.news

Download on the App Store

Biden's $1.6 Trillion Spending Push Faces Uncertainty Ahead of Election

As the November elections approach, President Biden accelerates spending under key laws to secure his climate and infrastructure legacy against potential policy reversals.

  • Only 17% of the allocated $1.1 trillion for climate, energy, and infrastructure has been spent, with major investments still pending.
  • Biden's administration focuses on rapid deployment of funds to fortify achievements against potential rollbacks by Trump.
  • Infrastructure and pandemic relief laws have disbursed $125 billion, but significant amounts remain unspent.
  • Recent spending announcements include billions for semiconductor factories and clean energy, aiming to boost U.S. manufacturing and technology sectors.
  • Potential policy shifts by Trump could impact the continuation and effectiveness of Biden's key legislative accomplishments.
Hero image