Washington – Business Roundtable today issued the following statements after President Biden signed into law the Infrastructure Investment and Jobs Act:
“Business Roundtable commends the Administration and Congress for enacting the bipartisan Infrastructure Investment and Jobs Act,” said Business Roundtable President & CEO Joshua Bolten. “This historic legislation will advance America’s long-term prosperity and competitiveness by investing in urgently needed upgrades to our nation’s infrastructure. We applaud the bipartisan lawmakers who worked together to craft this bill, and we urge the Administration to ensure that these investments are made efficiently and effectively.”
“Business Roundtable members across industries thank President Biden and Members of the House and Senate for their leadership in delivering robust infrastructure investment for the American people,” said Business Roundtable Infrastructure Committee Chair Brendan Bechtel, Chairman and Chief Executive Officer, Bechtel Group, Inc. “Among the many benefits it will yield, the Infrastructure Investment and Jobs Act will upgrade transportation, water, energy and communications infrastructure in communities across America – including underserved and rural communities – and unleash private investment and innovation in ways that further strengthen U.S. global economic leadership.”
Bechtel and Bolten attended today’s White House signing ceremony along with other Business Roundtable CEOs.
The Infrastructure Investment and Jobs Act provides urgently needed investments to:
• Restore our transportation systems and expand capacity to reduce congestion;
• Upgrade aging water systems, many of which still use lead pipes;
• Deliver broadband access and clean energy to more communities; and
• Make our infrastructure more resilient in the face of a changing climate and cyberattacks.