President Joe Biden Declares ‘Made in America Week’
Biden Administration’s Investing in America initiative is investing billions of dollars into domestic manufacturing.
WASHINGTON, July 21, 2023 – On Friday, President Joe Biden proclaimed the week of July 23 through July 29, 2023, as Made in America Week to celebrate supporting American workers and domestic businesses “that are the backbone of building a future here in America.”
“During Made in America Week, we celebrate the workers, unions, and innovators who power our Nation’s prosperity and make it possible for America to once again lead the world in manufacturing,” stated Biden in his proclamation.
The Biden Administration’s Investing in America initiative is investing billions of dollars into the United States’ domestic manufacturing. Congress passed the Inflation Reduction Act and CHIPS and Science Act which invest in America’s electric vehicle and green energy plants and semiconductor manufacturing.
Biden ran his presidential election campaign on his initiative to move companies onshore, defend American supply chains, and create more jobs. According to the White House, the agenda has “already attracted hundreds of billions of dollars in private investment and created nearly 800,000 new manufacturing jobs in everything from semiconductors and electric car batteries to clean energy technology and more.”
Part of the initiative includes the Infrastructure Investment and Jobs Act which invests in rebuilding America roads, bridges, airports, and broadband networks with American-made iron, steel, manufactured products and construction materials. The law requires that 55 percent of the value of the components be American made, with the goal of increasing the requirement to 75 percent by 2029, according to Biden.
“These historic actions are making sure American workers make American goods on American soil — a key part of my Administration’s mission to rebuild our economy from the middle out and bottom up, not the top down,” said Biden.
He continued, “America has always been a can-do country full of possibilities, and together we will keep working to make our economy the most competitive and innovative in the world, while leaving no one behind. This week, we can all feel new pride in those three powerful words — Made in America.”
