���ϳԹ���

President Joe Biden said he will unveil his long-term economic rejuvenation plan March 31, promising a new “paradigm” for the middle class and a major ramp-up in investment and infrastructure spending that will strengthen the U.S. position against China.

The Biden administration is considering as much as $3 trillion worth of measures to include in a long-term economic program for infrastructure and other initiatives, according to three people familiar with the deliberations.

White House Senior Adviser Cedric Richmond left open the possibility that the Biden administration could seek passage of an infrastructure plan with only Democratic votes after the president drew criticism for a $1.9 trillion virus relief package that’s poised to pass along partisan lines.

President Joe Biden has directed the Department of Transportation to conduct a review of the nation’s supply chain in the wake of challenges that arose during the earlier days of the coronavirus pandemic.

Former Michigan Gov. Jennifer Granholm won Senate confirmation Feb. 25 to be President Joe Biden’s energy secretary. The vote was 64-35.

President Joe Biden is preparing to sign an executive order to review U.S. supply chains for large-capacity batteries, pharmaceuticals, critical minerals and semiconductors that power cars, phones, military equipment and other goods.

President Joe Biden said his administration is seeking to help small businesses by giving them exclusive access to the Paycheck Protection Program for two weeks, and he called on lawmakers to pass his $1.9 trillion stimulus plan to provide additional assistance.

The Biden administration is working to address the global semiconductor shortage that has caused auto manufacturers and other U.S. industries to halt production, a White House official said.

President Joe Biden urged Congress to move quickly on a large infrastructure improvement plan in a meeting Feb. 11 with four senators, declaring that China is poised to “eat our lunch” otherwise.

President Joe Biden gave his strongest indication yet that he will push for his $1.9 trillion COVID-19 relief plan without Republican support, saying that a weak jobs report shows the risk of doing “too little.”