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By the numbers_ Biden’s budget priorities for supply chains

By the numbers_ Biden’s budget priorities for supply chains

The budget for 2022 was presented on March 28th. More investment in port infrastructure and expanding renewable solar energy supply chains is included in President Joe Biden’s $5.8 trillion fiscal 2023 proposal.

The budget proposes expenditure in addition to that authorized under the bipartisan infrastructure bill approved earlier this year. However, Congress must still approve it. The President recommends a $142 billion plan for the Transportation Department, with $1.5 billion in discretionary spending added for 2021.

“We are planning to build a first-rate transportation network for all Americans,” said US Transportation Secretary Pete Buttigieg in a statement. “From roadways, underpasses, and bridges to airport and port advancements, electric vehicle chargers, safe bikeways, and more, we are establishing a first-rate transport network for all Americans.”

From the president’s proposed budget to Congress, here are some supply chain headlines.

Budget’s Proposal For Highways:

  • For funding the National Highway Performance Program, an amount of $29 billion is requested. Through this, the construction throughout the National Highway System will be handled.
  • For funding the National Highway Freight Program and the Nationally Significant Freight and Highway Projects program an amount of $3 billion is proposed. These programs will ensure improved roadways to carry the country’s truck freight.
  • For funding the Corporate Average Fuel Economy program an amount of $27.5 million is requested. This plan will be funding the rulemaking process for medium and heavy-duty trucks to achieve the highest fuel efficiency.

Budget’s Proposal For Avs/Evs:

  • $1 billion was requested to fund electric vehicle charging stations along with the country under the National Electric Vehicle Infrastructure Program.
  • For funding testing and deployment programs for freight transportation and large passenger vans through the Advanced Driver Assistance Systems, a total of $3.1 million is proposed.
  • A total of $11.8 million is required to fund Automated Driving Systems research and development of modern processes, machinery and testing. All of this is required for the evaluation of the safety of automated vehicle technology.

Budget’s Proposal For Domestic Manufacturing:

  • A total of $372 million is proposed for funding two additional manufacturing advancement institutions at the National Institute of Standards and Technology in 2023 and also for supporting the two projects funded this year.
  • For funding the Manufacturing Extension Partnership and to support small and medium-sized U.S. local businesses to compete at a more effective level, a total of $125 million is proposed.
  • A total of $200 million is required for a new Solar Manufacturing Accelerator at the Department of Energy to gain better capacity. This project will further reduce the reliance on imported machinery manufactured using poor practices.

Budget’s Proposal For Ports, Rail And Other Infrastructure:

  • For funding the National Infrastructure Project Assistance (Mega) Grant and the Rebuilding America Infrastructure with Sustainability and Equity (RAISE) programs, an amount of $1.5 billion is requested. All the infrastructure improvements and advancements shall be supported through these programs.
  • For funding the Port Infrastructure Development program, an amount of $230 million is proposed. This project will improve the overall port infrastructure.
  • For funding the Consolidated Rail Infrastructure and Safety Improvements Program, a total of $500 million is requested. It is included in the top $1 billion funding provided by infrastructure law. These projects will ensure a reduction in congestion and improved rail freight.

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