Joe Biden pushes out 99% of 'Investing in America' funds before Donald Trump's return

[BumRushDaShow]

Source: USA Today

Published 11:00 p.m. ET Jan. 16, 2025 | Updated 11:00 p.m. ET Jan. 16, 2025


WASHINGTON ― The Biden administration has pushed out nearly all available funds from President Joe Biden's signature climate and economic laws as the White House works to ensure his "Investing in America" legacy survives the incoming Trump administration.

The federal government has awarded 99% of existing grant funding for clean energy, infrastructure and manufacturing projects, totaling about $750 billion, according to a new 75-page White House report obtained by USA TODAY that breaks down the spending before Biden leaves office Monday. The distributed funds include only money available through the 2024 fiscal year ‒ underscoring Biden's reliance on the Trump team to maintain future spending.

Biden will discuss the progress report ‒ which outlines what Biden calls "the most significant investment in America since the New Deal" ‒ during remarks Friday afternoon to mayors gathered in Washington for the U.S. Conference of Mayors winter meeting. It's currently scheduled to be Biden's final public address before President-elect Donald Trump is sworn in Monday.

"We are now better positioned than any nation in the world to win the economic competition of the 21st century," Biden says in the report.

Read more: https://www.usatoday.com/story/news/politics/elections/2025/01/16/biden-awards-investing-america-funds-before-trump/77744402007/

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Link to REPORT (PDF) - https://www.whitehouse.gov/wp-content/uploads/2025/01/IIA-REPORT-final.pdf

[CousinIT]

1. SHitler & Muskrat will not continue the funding. nt

[kimbutgar]

2. Excellent leave the conifers empty and force the repukes to increase the debt to fund the 🍊💩🤡

Evil agenda.

Then hear them complain about the federal deficit rising while being hypocrites.

I read SF paper yesterday the city took the funds that were allocated to them for some of those investing in America funds.

[travelingthrulife]

3. He just keeps working for us.