Biden Takes Action to Strengthen Supply Chains and Prevent Future Shortages
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The Biden administration is taking action to strengthen supply chains after pandemic disruptions caused shortages and inflation. This includes forming a Supply Chain Resilience Council.
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Investing $35 million towards increasing domestic production of critical drugs and medical supplies using the Defense Production Act. This aims to avoid shortages.
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Creating a new Supply Chain Center to analyze risks and vulnerabilities.
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Providing $275 million in grants to boost clean energy supply chains.
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The goal is for supply chains to be so resilient that Americans won't have to worry about disruptions and shortages.