President Joe Biden on Monday signed one of the largest infrastructure packages in US history after bipartisan talks and tense political infighting, including $550 billion in new investments for the nation’s bridges, airports, waterways, public including $1.2 trillion in funds. Transit and more—here’s what you need to know where the massive new spending will go.
Roads and Bridges: 2,702-page title billThe new fund, about $110 billion, will go toward improving the country’s roads and bridges and investing in other major transportation programs.
Public transportation: The package also includes the largest ever federal investment in public transportation, an allocation of $39 billion to modernize systems, improve access for the elderly and disabled, and provide more than 24,000 buses, 5,000 railcars and thousands of miles of rail tracks. Repair.
Amtrak: The legislation is the largest investment in passenger rail since Amtrak’s creation 50 years ago, providing $66 billion for high-speed rail, safety improvements, Amtrak grants and the modernization of the railroad connecting Washington, D.C. to Boston. .
broadband Internet: capture the Arabs Authorized According to last year’s US rescue plan, the infrastructure bill includes $65 billion to bolster the nation’s broadband infrastructure and help ensure that every American has access to high-speed Internet, four One household is expected to be eligible for a $30-per-month subsidy. To pay for Internet access.
Electricity grid and energy: Although several clean-energy measures were cut from the bill to satisfy spending-weary lawmakers, the $108 billion investment will help upgrade the nation’s electricity grid, including thousands of miles of new transmission lines and environmental protections. There will be funding for adaptive smart-grid technology.
Electric Car, Bus and Ferry: In addition to $7.5 billion for the nation’s first network of electric-vehicle chargers along the highway corridor, lawmakers have earmarked $5 billion for zero-emissions buses (including thousands of electric school buses) and $2.5 billion for ferries .
Pure Drinking Water: Following the high-profile water-supply crisis is plaguing cities like FlintThe , Michigan, law includes a $55 billion provision to replace all of the nation’s major pipes and service lines, representing the largest investment ever in clean drinking water.
Great Rivers and Lakes: Of the more than $50 billion bill for water infrastructure, about $1 billion is hope To go toward the Great Lakes Restoration Initiative, a comprehensive cleanup measure targeting toxic hot spots or areas of heavy industrial pollution around the Great Lakes region, and $17 billion will be allocated for ports and waterways.
Airport: More than $25 billion allocated to help modernize America’s airports—funds the Airports Council International They say It will help tackle the project backlog of over $115 billion.
road safety: The deal invests $11 billion in transportation safety programs, including a new program to help states and localities reduce accidents and deaths in their communities, especially among cyclists and pedestrians.
General funding: In addition to $550 billion in new investments, the package also includes about $650 billion in funding already authorized for roads and other infrastructure, including about $300 billion. Highway Trust Fund and $90 billion for public transportation over the next five years.