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Flickr/White House/Cameron Smith
President Joe Biden signing the Infrastructure Investment and Jobs Act, Monday, November 15, 2021, on the South Lawn of the White House.

The passage of the nearly $2 trillion Build Back Better bill in the House of Representatives Friday capped months of political wrangling and gives hope that numerous key policies around climate change, paid family leave and the social safety net will be enacted. 

It also represents a new, potentially significant part of a massive upswing in federal investment in the nation’s innovation economy, which would have lasting impacts on the explosively growing life sciences industry.

Image: Flickr/White House/Cameron Smith President Joe Biden signing the Infrastructure Investment and Jobs Act, Monday, November 15, 2021, on the South Lawn of the White House.