Energy

Biden prepares to stake presidency on infrastructure bill

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Democratic U.S. presidential candidate and former Vice President Joe Biden speaks about modernizing infrastructure and his plans for tackling climate change during a campaign event in Wilmington, Delaware, U.S., July 14, 2020.

Leah Millis | Reuters

With President Joe Biden’s Covid-19 stimulus package just a signature away from becoming law, the White House now turns its attention to assembling and passing a once-in-a-generation infrastructure bill.

It’s not clear what the legislation will include. Yet the new president has all but guaranteed a spectacular infrastructure overhaul as his next policy priority — and his legacy is riding on it. Democrats’ congressional majorities will also be…



Source cnbc.com

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