February 15, 2021

Federal Lawmakers Begin To Contemplate Infrastructure Package

As The New York Times reported late last week, U.S. lawmakers and aides to President Joe Biden have started to think about how they could pay for a robust package of infrastructure investments amid rising federal budget deficit numbers. Indeed, the president met with senators from both parties on Feb. 11 to discuss the infrastructure bill he wants to propose after additional economic relief related to the coronavirus pandemic is approved by Congress.

According to The Times, White House “aides have worked since before Inauguration Day to assemble an infrastructure proposal that is expected to include expansions of rural broadband, road and bridge repairs, a half-million charging stations for electric cars and other projects that the administration promises will create ‘millions of jobs.’”

As Connecting the Dots reported last week, MSCI is working to build support across North America for comprehensive infrastructure investments by U.S. and Canadian officials. MSCI President and CEO Bob Weidner recently discussed these efforts, and MSCI’s “Build Now” campaign, with FastmarketsAMM reporter Robert England. Weidner argued that North America policymakers have “significantly under-invested in infrastructure for decades” and said employers and employees must make their voices heard on this important issue.

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MetalMiner also covered the launch of the “Build Now” campaign. Click here to read that story.