Passed in November, the $1.2 trillion infrastructure plan is the country’s largest in decades
Last November, President Joe Biden ushered in a bipartisan agreement that launched the most comprehensive infrastructure plan that United States has seen in more than half a century.
The $1.2 trillion Infrastructure Investment and Jobs Act—the largest infrastructure plan since President Dwight Eisenhower authorized the $25 billion Federal-Aid Highway Act of 1956—includes $110 billion to repair roads and bridges and support what the White House calls “major, transformational projects.”
The plan also allots $39 billion for public transit; $25 billion for airport improvements; and $17 billion for port infrastructure and waterways. In addition, it calls for spending $55 billion to expand water access and clean drinking water, and $65 billion to improve broadband internet access, particularly in rural areas.
UChicago News
By Ted Gregory
Aug 8, 2022