Biden will make a $4 trillion spending pitch at a Ford plant in Michigan as inflation soars


On Tuesday, President Biden will visit a Ford Motor factory in Michigan to emphasize the need of investing in electric vehicles as the White House seeks favor for his $2.3 trillion tax and spending proposal, which includes billions to overhaul the auto sector.

Before the truck’s formal introduction on Wednesday, Biden will tour Ford’s new Rouge Electric Vehicle Center in Dearborn, Michigan, where the firm is building the new electric F-150 lightning pickup. The F-150 Lightning, which Ford is hailing as a watershed moment for electric cars, is set to hit the market in mid-2022.

Ford’s new vehicle will be assembled by union workers. The corporation stated that it aims to invest $700 million and generate 300 new jobs.

Ford’s new vehicle will be assembled by union workers. The corporation stated that it aims to invest $700 million and generate 300 new jobs.

The president is anticipated to use his visit to pitch his massive infrastructure plan, dubbed the American Families Plan, which includes $174 billion in investments in electric vehicles. The money would “allow automakers to boost local supply chains from raw materials to parts, retool facilities to compete worldwide, and assist American employees to build batteries,” according to the White House.

It would also give sales rebates and tax breaks to encourage Americans to purchase electric vehicles, as well as grant and incentive programs for state and local governments to increase the number of available electric-vehicle chargers. The plan calls for the replacement of 50,000 diesel transit vehicles and the conversion of at least 20% of school buses to electric vehicles.

“The president is going there because electrifying America’s best-selling vehicle is an important part of his priorities, an important part of his focus,” White House press secretary Jen Psaki told reporters last week.

The trip is part of the administration’s “Getting America Back on Track Tour,” which is aimed at selling the administration’s spending commitments as they go past Biden’s first 100 days in office.

Biden, Vice President Kamala Harris, and other members of the administration launched the tour blitz at the end of April, spreading out around the country to promote the broad “Build Back Better” agenda, which includes the American Jobs Plan and the American Families Plan.

Republican senators have expressed reservations about both expenditure ideas, citing the high price tag, the extension of the social safety net, the paucity of investment on conventional infrastructure, and the planned tax increase on wealthy Americans and companies.

With thin majorities in both the House and Senate, Democrats have the option of bypassing Republicans and passing the bill on a party-line vote using a procedure known as budget reconciliation. However, several moderate lawmakers, notably Sen. Joe Manchin, D-W.Va., have signaled a preference for a bipartisan agreement instead.

Biden inflation infrastructure spending

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