- President Joe Biden will sign a more than $1 trillion bipartisan infrastructure plan into law on Monday.
- The plan would inject $550 billion of new money into transportation, broadband and utilities.
- Biden is expected to make the case for Democrats’ $1.75 trillion proposal to invest in social safety nets and climate policy.
President Joe Biden will sign into law a more than $1 trillion bipartisan infrastructure bill on Monday, examining the first piece of his party’s sprawling economic agenda.
The package will put $550 billion in new funds in transportation, broadband and utilities. Biden’s signing comes after years of unsuccessful attempts to overhaul physical infrastructure in Washington, advocates have said will boost the economy and create jobs.
The law would put $110 billion in roads, bridges and other major projects. It will invest $66 billion in freight and passenger rail, including possible upgrades to Amtrak. It would direct $39 billion into public transportation systems.
The plan would put $65 billion into expanding broadband, a priority after the coronavirus pandemic, which left millions of Americans at home without effective Internet access. It will also invest $55 billion in improving water systems and replacing lead pipes.
Funding will run out over a period of five years. Many large projects can take months or even years to start.
A refreshing spate of physical infrastructure complements a portion of Biden’s economic vision. On Monday, he is expected to make the case for Congress on what Democrats see as a complementary package: a $1.75 trillion investment in social safety nets and climate policy.
The House aims to pass its version of the bill this week. House Speaker Nancy Pelosi tried to tie the plans together to ensure the support of both centrist and progressive factions of her party.
Biden plans to celebrate the passage of the infrastructure plan with lawmakers on both sides, who helped write and pass it. Nineteen Republicans voted for the measure when the Senate approved it in August, while 13 GOP representatives backed it when the House passed it earlier this month.
Several GOP lawmakers are expected to participate in the bill’s signing.
Some Republicans Who Supported the Measure Has faced criticism or death threats for his votes.
Biden looked for a signature achievement to celebrate as continued inflation and the lingering pandemic, among other issues, dented his approval ratings. Democrats hope to boost social safety nets and infrastructure bills on the campaign trail next year as they try to protect their congressional majority in midterm elections.
Biden will travel to New Hampshire and Michigan on Tuesday and Wednesday, respectively, to sell the infrastructure plan.