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OCTOBER 17, 2024
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Copy LinkThe $1.2 trillion Infrastructure Investment and Jobs Act (IIJA), along with the CHIPS and Science Act, represents a once-in-a-generation investment in the nation’s infrastructure and manufacturing capabilities. Done wisely, this funding can help build a strong 21st-century economy.
As funds continue to make their way to the state and local level, obstacles remain to making the quickest and best use of these funds. For instance, many of the green energy goals in the IIJA depend on a dependable, expanded power grid, yet renewable energy projects continue to be delayed due to permitting challenges. Inflation, along with workforce shortages, also constrains the buying power of this historic investment. Consequently, streamlined regulation and collaboration between public and private stakeholders are crucial components of a plan for strategic investment for when federal funds are exhausted.
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Policy Watch explores relevant topics where business meets US domestic policy. Join experts at the Committee for Economic Development of The Conference Board and prominent policy makers as they dissect the impact of timely decisions from the nation's capital.
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