US and NA Politics (General)
Feb 15, 2024 10:28:10 GMT -5
Disciple of Fate, Haighus, and 1 more like this
Post by easye on Feb 15, 2024 10:28:10 GMT -5
Also, the end Women's Suffrage petition gag I saw a long time ago.
Speaking of political things that amuse me in a bitter and angry way....
Red states are big winners of Biden’s landmark laws
www.cnn.com/2024/02/14/business/manufacturing-jobs-biden/index.html
Last month, battery recycling company Redwood Materials broke ground on a $3.5 billion battery plant in South Carolina that is expected to create 1,500 new jobs.
The plant aims to eventually make enough battery components to power more than a million electric vehicles a year. Redwood Materials specifically cited the 2022 Inflation Reduction Act, America’s biggest-ever climate investment, as a reason why it decided to build the facility.
This is just one example of a Republican state benefiting from the private investment boom set off by the IRA, a signature legislative achievement for President Joe Biden that every Republican in Congress voted against.
It’s part of a broader trend where red states have emerged as big winners from both the IRA and the CHIPS and Science Act, another signature Biden law that passed with some Republican support in 2022.
Most (51%) of the investments directly tied to incentives from the IRA and the CHIPS Act are flowing to Republican states, compared with 20% to blue states, according to a Fitch Ratings analysis shared exclusively with CNN. Fitch defined red states as those that voted for former President Donald Trump in 2020 by more than three percentage points.
Fitch found that another 29% of the investments linked to those laws went to swing states, ones that were decided by fewer than three points in 2020: Arizona, Georgia, Nevada, North Carolina, Michigan, Pennsylvania and Wisconsin.
About 50% of the jobs announced from the investments linked to the IRA and the CHIPS Act are expected to be in red states, compared with 17% for blue, according to the Fitch analysis shared with CNN. Another 33% are expected to be located in swing states.
This has been Biden's (and Dems) strategy all along, let's see if it is successful against the ever-present Republican propaganda. I have a feeling the Republican's will just shamelessly take credit for any gains and everyone in the Red states will believe them.
Speaking of political things that amuse me in a bitter and angry way....
Red states are big winners of Biden’s landmark laws
www.cnn.com/2024/02/14/business/manufacturing-jobs-biden/index.html
Last month, battery recycling company Redwood Materials broke ground on a $3.5 billion battery plant in South Carolina that is expected to create 1,500 new jobs.
The plant aims to eventually make enough battery components to power more than a million electric vehicles a year. Redwood Materials specifically cited the 2022 Inflation Reduction Act, America’s biggest-ever climate investment, as a reason why it decided to build the facility.
This is just one example of a Republican state benefiting from the private investment boom set off by the IRA, a signature legislative achievement for President Joe Biden that every Republican in Congress voted against.
It’s part of a broader trend where red states have emerged as big winners from both the IRA and the CHIPS and Science Act, another signature Biden law that passed with some Republican support in 2022.
Most (51%) of the investments directly tied to incentives from the IRA and the CHIPS Act are flowing to Republican states, compared with 20% to blue states, according to a Fitch Ratings analysis shared exclusively with CNN. Fitch defined red states as those that voted for former President Donald Trump in 2020 by more than three percentage points.
Fitch found that another 29% of the investments linked to those laws went to swing states, ones that were decided by fewer than three points in 2020: Arizona, Georgia, Nevada, North Carolina, Michigan, Pennsylvania and Wisconsin.
About 50% of the jobs announced from the investments linked to the IRA and the CHIPS Act are expected to be in red states, compared with 17% for blue, according to the Fitch analysis shared with CNN. Another 33% are expected to be located in swing states.
This has been Biden's (and Dems) strategy all along, let's see if it is successful against the ever-present Republican propaganda. I have a feeling the Republican's will just shamelessly take credit for any gains and everyone in the Red states will believe them.