NBC News published this video item, entitled “Biden: U.S. Will Mobilize $200 Billion In Government, Private Sector Funding” – below is their description.
While meeting with world leaders in Telfs, Austria, President Biden announced that the U.S. will mobilize $200 billion in government and private sector funding to be spread out over five years, looking to counter similar efforts by China.
NBC News YouTube Channel
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About This Source - NBC News
NBC News is the news division of the American broadcast television network NBC.
NBC News aired the first, regularly scheduled news program in American broadcast television history on February 21, 1940.
Austria, officially the Republic of Austria, is a landlocked East Alpine country in the southern part of Central Europe. It is composed of nine federated states, one of which is Vienna, Austria’s capital and its largest city.
It is bordered by Germany to the northwest; the Czech Republic to the north; Slovakia to the northeast; Hungary to the east; Slovenia and Italy to the south; and Switzerland and Liechtenstein to the west.
Austria occupies an area of 83,879 km2 (32,386 sq mi) and has a population of nearly 9 million people. While German is the country’s official language, many Austrians communicate informally in a variety of Bavarian dialects.
China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes Tibet and Hong Kong. The capital is Beijing.
The National Broadcasting Company is an American English-language commercial broadcast television and radio network which is the flagship property of and owned by Comcast. The network is headquartered at 30 Rockefeller Plaza in New York City, with additional major offices near Los Angeles, and Chicago.
