The Economics of Public Investment Crowding in Private Investment

Heather Boushey, Chief Economist, Investing in America Cabinet Introduction President Biden’s economic vision—Bidenomics—is centered around making smart public investments, empowering and educating workers, and promoting fair competition to lower costs and help small businesses thrive. As described in a recent report on the economic case for the first pillar of Bidenomics, Investing in America, this…

FACT SHEET: Biden-Harris Administration Launches Workforce Hub in Columbus, Ohio and Announces New Commitments to Help More Workers Access Good Jobs

Intel and Columbus State Community College to launch new certificate program for semiconductor technician roles Today, First Lady Jill Biden will join leaders in Columbus, Ohio as the city holds a kickoff for its Workforce Hub and announces plans to ensure students and workers have access to good-paying jobs created by President Biden’s Investing in…

FACT SHEET: Biden-Harris Administration Announces 31 Regional Tech Hubs to Spur American Innovation, Strengthen Manufacturing, and Create Good-Paying Jobs in Every Region of the Country

Bidenomics and the President’s Investing in America Agenda are Positioning Regions Across the Country to Lead the Industries of the Future Today, President Biden and Secretary of Commerce Gina Raimondo will announce the designation of 31 communities across the country as Regional Innovation and Technology Hubs (Tech Hubs) through the Department of Commerce Economic Development…

Remarks by President Biden on How Bidenomics and the Investing in America Agenda are Growing the Economy in Every Region of the Country

3:11 P.M. EDT THE PRESIDENT:  Folks — Mark, thank you very much for the introduction.  Look, a little over a year ago, I signed the bipartisan CHIPS and Science Act.  That act did two things.  Excuse me, I have a little bit of a cold.  First, it’s a historic investment in bringing the semiconductor industry…

JOINT FACT SHEET: Launching the U.S.-ROK Next Generation Critical and Emerging Technologies Dialogue

Today, U.S. National Security Advisor Jake Sullivan and the Republic of Korea (ROK) National Security Advisor Cho Tae-yong chaired the inaugural U.S.-ROK Next Generation Critical and Emerging Technologies (CET) Dialogue in Seoul.  The launch of the Next Generation CET Dialogue fulfills a commitment that President Biden and President Yoon made during the April 2023 State…

Background Press Call by National Economic Advisor Lael Brainard and Senior Administration Officials on Supply Chain Announcements

Via Teleconference 2:03 P.M. EST MODERATOR:  Good afternoon, everyone, and thank you for joining our call. A few minutes ago, I sent around a factsheet that this –that lays out the announcements that the President will be announcing tomorrow.  If you have not received them, I will be resending that in — in a second to everyone…

White House Office of Science and Technology Policy Releases National Strategy on Microelectronics Research

Today, the White House Office of Science and Technology Policy (OSTP) is releasing a new strategy to strengthen the microelectronics research and development (R&D) innovation ecosystem in America. As called for in the bipartisan CHIPS for America Act, the National Strategy on Microelectronics Research outlines key goals and actions over the next five years. These…

Biden-Harris Administration Announces First Actions Under New Permitting Efficiencies to Accelerate American Manufacturing and Clean Energy Future

Department of Transportation and Department of Commerce Adopt New Tools for EV Charging, CHIPS Manufacturing Through Bipartisan Permitting Reforms WASHINGTON – Today, during remarks at Climate Week NYC, Chair of the White House Council on Environmental Quality (CEQ) Brenda Mallory announced the first two federal agencies to use new permitting efficiencies passed by Congress in…

FACT SHEET: President Biden Hosts Inaugural Americas Partnership for Economic Prosperity Leaders’ Summit

Today, President Biden hosted the inaugural Americas Partnership for Economic Prosperity Leaders’ Summit to establish an enduring forum for bolstering regional competitiveness and mobilizing high-standard investment in our hemisphere. President Biden and Leaders of the eleven other inaugural Americas Partnership countries – Barbados, Canada, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Mexico, Panama, Peru, and…

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