Bidens

Biden’s infrastructure plan: What it could mean for NC roads

Vice President Kamala Harris is coming to North Carolina on Monday to tout the benefits of President Joe Biden’s $2 trillion infrastructure proposal.

But what could the extensive policy mean for the state?

The administration has not released specific projects that could be funded and Congress, as it begins to write the legislation, is unlikely to include that level of specificity, either.

If the proposal becomes law — and it has a long way to go before that happens — states and localities could apply for grants for their own projects, allowing them to prioritize and pitch their own

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Biden’s chip dreams face reality check of supply chain complexity

SAN FRANCISCO (Reuters) – To understand President Joe Biden’s challenge in taming a semiconductor shortage bedeviling automakers and other industries, consider a chip supplied by a U.S. firm for Hyundai Motor Co’s new electric vehicle, the IONIQ 5.

FILE PHOTO: U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst/File Photo

Production of the chip, a camera image sensor designed by On

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Biden’s chip dreams face reality check of supply chain complexity

By Hyunjoo Jin and Stephen Nellis

SAN FRANCISCO (Reuters) – To understand President Joe Biden’s challenge in taming a semiconductor shortage bedeviling automakers and other industries, consider a chip supplied by a U.S. firm for Hyundai Motor Co’s new electric vehicle, the IONIQ 5.

Production of the chip, a camera image sensor designed by On Semiconductor, begins at a factory in Italy, where raw silicon wafers are imprinted with complex circuitry.

The wafers are then sent first to Taiwan for packaging and testing, then to Singapore for storage, then on to China for assembly into a camera unit, and finally

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News Updates: Congress to Resume Discussing Biden’s Infrastructure Plan


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Here’s what you need to know to navigate the markets today.

• Congress is back in session this week and will resume discussions over President Joe Biden’s nearly $2.3 trillion infrastructure proposal. Biden is meeting with members from both parties in an effort to win bipartisan support, including Republicans who have voiced objections to the scope of Biden’s plan and his proposal to pay for it by raising the corporate tax rate to 28% from the current 21%. Sen. Roger Wicker (R., Miss.) said on Sunday’s ABC’s “This Week” that if Biden is willing to

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6 questions, answers about Biden’s spending plan — Monday, April 12, 2021 — www.eenews.net

President Biden offered a first glimpse last week into his fiscal 2022 budget, outlining a $1.5 trillion plan for discretionary spending that would boost many energy and environmental programs.

Biden, during remarks to reporters Friday, said the budget “makes major investments in the fight against climate change.”

While the proposal contains top-line spending figures and highlights a host of major domestic initiatives, it also leaves out many details — ranging from specific program costs to tax and revenue plans.

Those details will come later this spring when the administration sends its comprehensive budget to Capitol Hill.

As Congress, agencies and

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10 Best Stocks That Will Gain From Biden’s Job and Infrastructure Plan

In this article we will take a look at the 10 best stocks that will gain from Biden’s job and infrastructure plan. You can skip our detailed analysis of the US job and infrastructure plan’s outlook for 2021 and some of the major growth catalysts for the stocks that will benefit from it, and go directly to 5 Best Stocks That Will Gain From Biden’s Job and Infrastructure Plan.

US President Joe Biden last week unveiled an ambitious $2 trillion plan to overhaul American infrastructure. The plan envisions increased government spending on rebuilding roads, bridges, water supply mechanisms, transportation

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