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[144] [145] The Biden administration itself claimed that as of January 10, 2025, the IIJA, CaSA, and IRA together catalyzed $1 trillion in private investment (including $449 billion in electronics and semiconductors, $184 billion in electric vehicles and batteries, $215 billion in clean power, $93 billion in clean energy tech manufacturing and ...
Artist's concept of a trillion-dollar coin, featuring a similar obverse design to the reverse of the presidential dollar series.. The trillion-dollar coin is a concept that emerged during the United States debt-ceiling crisis of 2011 as a proposed way to bypass any necessity for the United States Congress to raise the country's borrowing limit, through the minting of very high-value platinum ...
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
Together with the $459 billion bill passed earlier this month, it fully funds the federal government to the tune of $1.659 trillion through September, after months of stopgap bills and negotiations.
Two years after President Joe Biden signed a $1 trillion infrastructure bill into law, his administration has launched 40,000 projects aimed at rebuilding America, according to his infrastructure ...
After days of delay, U.S. congressional leaders unveiled a $1.1 trillion bipartisan spending measure for defense, homeland security and other programs early on Thursday, giving lawmakers less than ...
A report by Credit Suisse projects that the total climate spending in the Act would be $800 billion, [68] [69] [91] Goldman Sachs predicts a total of $1.2 trillion, the Penn Wharton Budget Model predicts $1.045 trillion, and an analysis by the Brookings Institution finds a central case of $902 billion. [92] [67] [93]
Lawmakers early Thursday morning released the text of a $1.2 trillion government funding bill negotiated by the White House and leaders of both parties to avoid a partial government shutdown this ...