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President Biden To Announce USD$7.3B Clean Energy Investment

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US President Joe Biden is shortly due to deliver remarks in Westby, Wisconsin - a critical swing state - where he will announce a USD$7.3 billion investment, drawn from the Inflation Reduction Act for, "clean, affordable, reliable" electricity for rural America. LIVESTREAM

  • The White House will be hoping Biden can use his remarks to appeal to rural voters in the Midwest that have been trending away from Democrats for the past two election cycles.
  • Secretary of Agriculture Tom Vilsack told reporters earlier today: "This resource will leverage an additional $29 billion of private investment... is the largest investment in rural electrification since 1936 and the New Deal. The impact of — of this investment cannot be overstated."
  • White House Deputy Chief of Staff Natalie Quillian said the investment, "will spur economic development and lower costs for millions of American, and it will create 4,500 permanent jobs and 16,000 construction jobs."
  • Details of the investment can be found in this White House fact sheet.
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US President Joe Biden is shortly due to deliver remarks in Westby, Wisconsin - a critical swing state - where he will announce a USD$7.3 billion investment, drawn from the Inflation Reduction Act for, "clean, affordable, reliable" electricity for rural America. LIVESTREAM

  • The White House will be hoping Biden can use his remarks to appeal to rural voters in the Midwest that have been trending away from Democrats for the past two election cycles.
  • Secretary of Agriculture Tom Vilsack told reporters earlier today: "This resource will leverage an additional $29 billion of private investment... is the largest investment in rural electrification since 1936 and the New Deal. The impact of — of this investment cannot be overstated."
  • White House Deputy Chief of Staff Natalie Quillian said the investment, "will spur economic development and lower costs for millions of American, and it will create 4,500 permanent jobs and 16,000 construction jobs."
  • Details of the investment can be found in this White House fact sheet.