What Has Biden Wrought?

Politico: Joe Biden spent the first half of his presidency enacting plans to steer at least $1.6 trillion to transform the economy and spur a clean-energy revolution -- only to watch those programs become afterthoughts in the 2024 election. Now the core of his domestic legacy stands unfinished, with hundreds of billions of dollars left to deploy, and imperiled as Donald Trump prepares to take office.

A wide-ranging examination of the Biden administration's spending and tax policies reveals signs that his efforts could leave a lasting mark, but also ways in which his agenda has yet to take hold -- after unleashing money for batteries, solar cells, computer chips and clean water; luring foreign-owned factories to U.S. soil; and turning some red-state Republicans into supporters of green energy projects.

Throughout 2024, POLITICO's 'Biden's Billions' series has documented the halting pace, uneven progress and genuine economic impact of a spending blueprint rivaling Franklin Roosevelt's New Deal. With just weeks left in Biden's term, it's not at all certain his legacy will endure in the same way. Much of it remains a work in progress.

Solar installations have surged to record levels, but the country is not adding enough zero-carbon electricity to meet Biden's climate targets. A $42 billion expansion of broadband internet service has yet to connect a single household. Bureaucratic haggling, equipment shortages and logistical challenges mean a $7.5 billion effort to install electric vehicle chargers from coast to coast has so far yielded just 47 stations in 15 states.

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