President Biden visits Minnesota and speaks on Bipartisan Infrastructure Law — 1/25/2024
26 Jan 2024 (10 months ago)
Introduction
- Tim Nelson, owner of Earth Rider Brewery, welcomes guests to the event
- Expresses gratitude for the bridge and its importance to the community
Importance of the Bridge
- The bridge connects the two communities, physically, financially, and spiritually
- Tim's great grandparents immigrated to Superior in the 1800s
- The bridge is critical to his business and the local economy
- President Biden acknowledges the presence of Governor Tony Evers and Governor Tim Walls
- Thanks Senators Tammy Baldwin, Amy Klobuchar, and Tina Smith for their support
- Discusses the positive economic progress in the country and the growth of new businesses
Infrastructure Investment
- The United States currently ranks 13th in infrastructure globally
- President Biden signed a bipartisan infrastructure law to invest in rebuilding America
- $1 billion will be allocated to rebuild the Blatnik Bridge, benefiting local businesses and improving transportation
Other Investments
- $2.5 billion will be invested in high-speed internet access
- $1.1 billion will be allocated to providing clean water and replacing lead pipes
- $5 billion will be invested in 37 major infrastructure projects across the nation
Job Creation and Manufacturing
- The Midwest is experiencing job growth, with 14 million new jobs created since President Biden took office
- Emphasizes bringing manufacturing jobs back to the US
- $50 billion will be invested in building chip factories, creating high-paying jobs
- Calls for fair taxation and closing loopholes for wealthy corporations
- Introduces a minimum tax rate for billionaires to contribute their fair share
- Proceeds from this tax can be used to strengthen Social Security and Medicare and lower the cost of childcare and elder care
Conclusion
- President Biden expresses a sense of pride in the American people and their ability to overcome challenges
- Emphasizes the importance of unity and working together to build a better future for the United States