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Home » Biden Budget For 2025 Fiscal Year Pours Billions Into U.S. Supply Chain Infrastructure

Biden Budget For 2025 Fiscal Year Pours Billions Into U.S. Supply Chain Infrastructure

A HANDSOME MAN IN A SUIT AND TIE STANDS IN FRONT OF AN AMERICAN FLAG

U.S. Secretary of Transportation, Pete Buttigieg.

March 12, 2024
SupplyChainBrain

The Biden-Harris administration has released its 2025 fiscal year budget, which would pour billions of dollars into the nation’s supply chain infrastructure.  

The budget asks for $109 billion for the United States Department of Transportation, a large portion of which will go toward addressing aging infrastructure along bridges and freeways.  

An estimated $5.5 billion would be portioned out to states to “rehabilitate, preserve, and construct” highway bridges, as well as so-called “off-system” bridges not included within the federal highway system.  

Another $675 million — in addition to $1.8 billion in advance appropriations from the Bipartisan Infrastructure Law (BIL) — will help repair aging bridges. This will “help to ensure that our nation’s bridges remain safe and operational, meet current and future traveler needs, support local economies, and strengthen our supply chains,” the budget proposal reads.  

Nearly $860 million would be used to shore up the country’s shipping infrastructure. That’s in addition to $1.5 billion in BIL funds for jobs at U.S. ports, and working toward “more efficient and resilient port operations to meet the supply chain needs for delivery of goods to the American people.”  

Those funds would also help boost capacity at ports and improve climate sustainability as part of projects designed to cut down on shipping emissions. 

In a statement released on Monday, March 11, U.S. Transportation Secretary Pete Buttigieg highlighted how the proposed budget will “continue advancing vital work underway across the country — making travel safer on every mode of transportation, strengthening supply chains to keep costs down, and modernizing infrastructure to serve Americans for generations.” 

“Americans are already seeing the roads being repaired, new bus and bike infrastructure being built, goods moving more smoothly from ships to shelves, and more — and this budget will accelerate all of that,” Secretary Buttigieg added. 

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