President Biden has announced a $7.3 billion investment through the 2022 Inflation Reduction Act to fund 16 clean energy projects led by rural electric cooperatives, aimed at reducing energy costs and improving reliability for rural Americans. The first initiative allocates nearly $573 million to Dairyland Power Cooperative in Wisconsin for wind and solar installations across four states. Agriculture Secretary Tom Vilsack stated that one in five rural Americans will benefit from these investments, which are projected to prevent over 43 million tons of greenhouse gas emissions annually and create more than 20,000 jobs. This funding will affect approximately five million households across 23 states, representing the largest investment in rural electrification since the New Deal. The projects are also expected to incentivize over $20 billion in private sector funding, aiding the transition to clean energy while keeping bills low for rural families. Biden's announcement is part of his broader “Investing in America” tour, coinciding with efforts to boost Vice President Kamala Harris’s presidential campaign.