NFFS Announces Support for Bipartisan Infrastructure Framework
This week, NFFS joined a diverse group of manufacturing and business trade associations, including the National Association of Manufacturers (NAM), in support of the bipartisan infrastructure deal recently announced by President Biden and a group of key Republican and Democratic Senate negotiators.
This group of manufacturing and business trade associations plan to send a letter to Congress urging them to consider and ultimately pass the Bipartisan Infrastructure Framework as proposed. This Framework, which leaders in both parties have embraced, will strengthen U.S. manufacturers’ global competitiveness, improve safety for the American workers who daily utilize our nation’s infrastructure and ultimately create more high-skill, high-paying manufacturing jobs.
The Framework laid out in the bipartisan agreement achieves historic infrastructure spending and funds infrastructure investment without undoing competitive tax provisions gained by manufacturers in the 2017 tax reform law. This bipartisan framework is the right path forward at the right time – this is how we build to win. But this compromise remains fragile, and the lawmakers who will ultimately determine its success or failure need to know that manufacturers support the bipartisan agreement.
Among the elements contained within the Bipartisan Infrastructure Framework:
- Improve healthy, sustainable transportation options for millions of Americans by modernizing and expanding transit and rail networks across the country, while reducing greenhouse gas emissions.
- Repair and rebuild our roads and bridges with a focus on climate change mitigation, resilience, equity, and safety for all users, including cyclists and pedestrians.
- Build a national network of electric vehicle (EV) chargers along highways and in rural and disadvantaged communities.
- Electrify thousands of school and transit buses across the country to reduce harmful emissions and drive domestic manufacturing of zero emission vehicles and components.
- Eliminate the nation’s lead service lines and pipes, delivering clean drinking water to up to ten million American families and more than 400,000 schools and child care facilities.
- Connect every American to reliable high-speed internet and drive down prices for internet service to help close the digital divide.
- Upgrade our power infrastructure, including by building thousands of miles of new, resilient transmission lines to facilitate the expansion of renewable energy, including through a new Grid Authority.
- Prepare more of our infrastructure for the impacts of climate change, cyber-attacks, and extreme weather events.
The Framework, which will generate significant economic benefits and returns, is financed through a combination of closing the tax gap, redirecting unspent emergency relief funds, targeted corporate user fees, and the macroeconomic impact of infrastructure investment.