What’s in store for contractors under a Biden presidency?

In terms of infrastructure spending, contractors can look to what Biden outlined during his campaign. The presumptive president-elect said his administration will invest $2 trillion into the economy, creating millions of jobs in infrastructure, housing, building construction and other projects. Another clue as to what the Biden administration could include can also likely be found in recent infrastructure proposals from Democrats, which currently enjoy a House majority. In July, the House passed the $1.5 trillion Moving Forward Act, which includes billions for highways, bridges, schools and energy projects. While construction and infrastructure aren’t typically why people turn out at the polls, the results will impact contractors.

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