Shafaq News/ US President Joe Biden, plans, one day before leaving the WhiteHouse, to sign an executive order prioritizing government resource to assistregions facing economic challenges in the United States.
Biden’s order targets what are described as "marginalized areas,"aiming to support the incoming President-elect Donald Trump, who will overseesignificant spending programs for infrastructure development, semiconductors,energy, broadband internet, and other expenditures approved by Biden’sadministration.
In a statement on the final day of his presidency, Biden said, “His administrationhas made historic investments to support marginalized areas.”
One estimate indicates that 15% of the US population, or approximately 50million Americans, live in regions experiencing economic hardship.
This indicator is typically measured by poverty, unemployment, educationlevels, abandoned homes, median income, job losses, and business activitydecline.
Biden’s executive order gives priority to these marginalized communities inefforts to finance economic development, including areas facing economiccrises, undergoing industrial transformations, emerging as innovation hubs, orundergoing reconstruction after natural disasters.
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