Seeking to Trump-proof his legacy, Biden and his Cabinet are crisscrossing the U.S. to promote their initiatives, adding to dozens of speeches, ribbon cuttings and other appearances they’ve made on the spending plans in the past two years. The conveyor belt of big-dollar announcements has cranked up in recent weeks, including
$20 billion for grassroots climate financing, $1.52 billion to restart a shuttered nuclear plant, $3 billion to help states remove lead drinking water pipes and Biden’s announcement in late April of $6.1 billion for advanced semiconductor factories in New York and Idaho.
Spending announcements across three of the four laws have totaled more than $543 billion, according to the White House and the Department of Commerce — half of the administration’s overall planned investment. This includes both money the government has formally awarded and awards still under negotiation.
But there can be a big gap between announcing a spending decision and actually distributing the money.