U.S. House Scheduled To Vote On $1.2 Trillion Infrastructure Bill
Under an agreement agreed to by Congress last month, lawmakers in the U.S. House of Representatives have until September 27, 2021 to vote on the bipartisan, Senate-passed $1.2 trillion infrastructure bill. House leaders affirmed last week that a vote will take place by that date.
That gives the industrial metals community just eight days to make its collective voice heard. Contact information for U.S. House lawmakers is here.
What should employees and company leaders tell lawmakers? That the industrial metals sector needs this bill because:
- Every service center and every mill, and every customer, is affected by substandard infrastructure.
- An S&P analysis found the bill would result in 883,600 new well-paying jobs by 2030.
- If lawmakers don’t act now, the United States could lose nearly $2.4 trillion in exports by 2039.
The U.S. Chamber of Commerce (USCC) has created a portal to write a letter to federal lawmakers. Click here to access it.
Last week, MSCI joined the USCC and the American Road and Transportation Builders Association (ARTBA), the American Association of State Highway and Transportation Officials, and the Associated General Contractors of America to send a letter to lawmakers supporting the Infrastructure Investment and Jobs Act (IIJA). The letter, available here, said, “The investments included in the IIJA would create good-paying jobs through project construction in the short term and provide improved safety and mobility for people and goods for decades to come in every single state.”