RALEIGH, N.C. (WITN) – President Joe Biden is traveling to North Carolina Thursday to announce millions of dollars in funding to connect households to high-speed internet and speak about his Bidenomics and Investing in America agendas.
The president will be in the Raleigh-Durham area today to talk about how his economic agendas are repairing and rebuilding our infrastructure, lowering costs, supporting a small business boom, and creating good-paying jobs.
He will also announce $82 million in new investments from the American Rescue Plan’s (ARP) Capital Projects Fund to connect an additional 16,000 North Carolina homes and businesses to high-speed internet as part of the Biden-Harris Administration’s Investing in America agenda.
Today he is expected to highlight how the over $3 billion in Bipartisan Infrastructure Law and American Rescue Plan funding is helping North Carolina.
The Biden Administration expects to connect over 300,000 more homes and businesses to high-speed internet by the end of 2026, connect all remaining homes, small businesses, schools, healthcare facilities, and libraries to high-speed internet by the end of 2029, help 885,000 North Carolina households save up to $30/month on their monthly internet bills, and spur private sector investment in fiber manufacturing.
President Biden is to also discuss the progress his administration has made to meet his goal of connecting every American to high-speed internet by 2030.