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Biden unveils 2-tln-USD infrastructure investment proposal - World News

2021-04-01 04:06:19 GMT2021-04-01 12:06:19(Beijing Time) Xinhua English WASHINGTON, March 31 (Xinhua) U.S. President Joe Biden on Wednesday unveiled a 2-trillion-U.S.-dollar infrastructure investment plan, touting it as a once-in-a-generation investment in the country. What I am proposing is a one time capital investment of roughly 2 trillion dollars in America s future, spread largely over eight years, Biden said in a speech in Pittsburgh, Pennsylvania, where he kicked off his presidential campaign in 2019. It will generate historic job growth, historic economic growth, help businesses to compete internationally, create more revenue as well, Biden said, noting that among the highest-value investments is investment in the nation s crumbling infrastructure.

Senate Confirms Isabel Guzman to Lead Small Business Agency

Senate Confirms Isabel Guzman to Lead Small Business Agency WASHINGTON The Senate on Tuesday approved President Joe Biden’s pick to oversee the Small Business Administration. The vote to confirm Isabel Guzman was 81-17. She is the 18th member of Biden’s Cabinet to win Senate confirmation. Guzman is a former Obama administration SBA official who currently heads California’s Office of the Small Business Advocate. In that role, she oversaw efforts to help that state’s small businesses survive the pandemic. “I am confident that I can hit the ground running,” Guzman told senators in her confirmation hearing. The Small Business Administration oversees loan programs to help businesses recover from natural disasters, enhances access to capital through loan guarantees and provides training and technical assistance. Guzman said she would work to ensure money gets into the hands of the small businesses hurt the most by the pandemic and the economic crisis through no fault of th

New Small Business Administration secretary: I can hit the ground running

The Senate on Tuesday overwhelmingly approved President Joe Biden’s pick to oversee the Small Business Administration, an agency that has seen its portfolio expand in response to the coronavirus pandemic. The vote to confirm Isabel Guzman was 81-17. She is the 18th member of Biden’s Cabinet to win Senate confirmation. Guzman is a former Obama administration SBA official who currently heads California’s Office of the Small Business Advocate. In that role, she oversaw efforts to help that state’s small businesses survive the pandemic. “I am confident that I can hit the ground running,” Guzman told senators in her confirmation hearing.

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