Association News

Biden, Senators Agree on Infrastructure Spending

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President Joe Biden and a bipartisan group of senators agreed upon a new infrastructure funding plan. The news was greeted warmly by several trade groups.

“AISI welcomes today’s agreement by President Biden and a bipartisan group of senators to implement a plan for infrastructure investment. AISI supports the framework that would make historic and much-needed investments in our nation’s infrastructure. This is a key development in the process to fix America’s deteriorating roads and bridges – and to use American steel to do so,” said Kevin Dempsey, president and CEO of the American Iron and Steel Institute.

"It’s refreshing to see Congress do its job and address national problems facing businesses and families. Americans, and the hardworking men and women who carry this economy on trucks, have waited long enough for Washington to act on our decaying infrastructure. We cheer this bipartisan breakthrough and hope it helps elected officials find more areas where they can work together to actually get things done,” said Chris Spear, president of the American Trucking Associations.

Dempsey also applauded the bill’s provisions to ensure that the steel products for water infrastructure projects be made in the U.S. This package ensures that American steel —which is the cleanest in the world — will be used to build back America. We urge the Congress to pass this critical legislation as soon as possible.”

In a separate development that relates to government outlays, the United Steelworkers were encouraged by the Office of Management and Budget’s proposed rulemaking that would increase the Buy American threshold for general government procurement from 55 percent to 60 percent immediately, with an ultimate jump to 75 percent.

“It’s vitally important that as the federal government spends taxpayer dollars, those funds go toward giving these workers the opportunity to continue manufacturing high-quality products and supporting good, community-sustaining jobs now and into the future, said USW International President Tom Conway. “Today’s announcement that the OMB will raise the general government procurement threshold demonstrates a serious commitment to revitalizing our nation’s manufacturing base, rebuilding our supply chains and ensuring a steady path forward for our domestic industries."