AEM welcomes the Senate’s commitment to invest in historic infrastructure
The Senate took a step forward this week in advancing legislation that would modernize our country’s infrastructure. By 69 votes to 30, the Senate approved Tuesday the Law on investment in infrastructure and employment, a historic bipartite infrastructure set worth 1,000 billion dollars.
“Equipment makers applaud the US Senate for passing a bold, bipartisan bill that will make a transformational investment in our nation’s infrastructure,” said Kip Eideberg, senior vice president of government and industrial affairs at ‘AEM. “The Law on Investment in Infrastructure and Employment will create nearly 500,000 new manufacturing jobs over the next three years, including more than 100,000 highly skilled and family jobs in the equipment manufacturing industry. Investing in our infrastructure will also help us meet our greatest challenges in ways that improve the quality of life for all Americans, strengthen our global economic position, and protect our planet. “
The capital vote came just days after AEM released a new report from IHS Markit that demonstrated the potential impact of this transformational investment in infrastructure. The report showed that more than 500,000 manufacturing jobs could be created over the next three years; nearly 100,000 of those jobs would be highly skilled, family-run jobs in the equipment manufacturing industry. These statistics sent a positive shockwave across Pennsylvania Avenue. In the debate that led to the adoption of the bill, US Senator Rob Portman (R-Ohio) quoted the report’s findings during a speech on the ground. And in its efforts to gain support for the legislation, the White House highlighted the report in a press release.
âWe applaud the unwavering leadership and bipartisan work of negotiators and Senate committees to reach agreement through a collaborative and transparent process,â Eideberg continued. âSenators Kyrsten Sinema and Rob Portman have worked tirelessly to get the bill through the Senate and overcome a myriad of obstacles, and we are grateful for their stubborn focus on bipartisanship. The Infrastructure Investment and Jobs Act is not only a unique opportunity to rebuild the infrastructure of our country, but also an opportunity to restore our economic competitiveness, improve the capacity of manufacturers of equipment to meet the challenges and opportunities of the 21st century, and improve the lives of all Americans. We urge the House of Representatives to put politics before politics and pass this bill as soon as possible. “
After the bill was passed, the United States House leadership quickly announced a schedule change to bring lawmakers back from the district’s work period earlier than the week of August 23. AEM will continue its proactive outreach by urging members on both sides of the aisle to follow a fast, bipartisan path. move forward and ensure that this unique opportunity to modernize our country’s infrastructure goes to President Biden’s office for signature.
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