Monday, August 15, 2022

What about infrastructure?

WASHINGTON (AP) – The $ 1 trillion infrastructure plan that President Joe Biden signed on Monday will fund roads, bridges, ports, railways, safe water, power grid, broadband and more.

The plan promises to cover almost every corner of the country. This is a historic investment that the president has compared to the construction of a transcontinental railroad and interstate highway system. The White House predicts that the investment will add an average of about 2 million jobs per year over the next decade.

WATCH: Historical investments in new infrastructure law and how they might affect inflation

The bill passed the House of Representatives 228-206 votes on November 5, ending weeks of intra-party negotiations in which Liberal Democrats insisted that the law be tied to a larger social spending bill – an attempt to get more moderate Democrats to support both.

The Senate passed the 69-30 vote bill in August after rare bipartisan negotiations, and the House of Representatives has kept the compromise intact. Thirteen Republicans in the House of Representatives voted in favor of the bill, giving Democrats more than enough votes to overcome several cases of progressive defections.

Breakdown of the bill that took effect on Monday:

Roads and bridges

The bill will be allocated $ 110 billion to repair the aging highways, bridges and roads of the country. According to the White House, 173,000 miles or nearly 280,000 kilometers of US highways and major roads and 45,000 bridges are in poor condition. According to the Biden administration, nearly $ 40 billion in bridge construction is the largest investment in dedicated bridges since the construction of the national highway system.

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Public transport

The $ 39 billion legislation for public transport will expand transportation systems, improve accessibility for people with disabilities, and provide dollars to state and local governments to buy zero and low emission buses. The Department of Transportation estimates that the current repair work is over 24,000 buses, 5,000 rail cars, 200 stations and thousands of miles of track and power systems.

Passenger and freight railways

To close the Amtrak maintenance gap, which worsened after Hurricane Sandy nine years ago, $ 66 billion will be allocated to improve the Northeast Corridor (457 miles, 735 km) and other routes. That’s less than the $ 80 billion that Biden was originally looking for – who famously rode Amtrak from Delaware to Washington during his Senate tenure – but it will be the largest federal investment in passenger rail since Amtrak was founded 50 years ago. …

Electric vehicles

The law will spend $ 7.5 billion on charging stations for electric vehicles, which the administration says are critical to accelerating the use of electric vehicles to curb climate change. It will also provide $ 5 billion for the purchase of electric school buses and hybrids, which will reduce dependence on diesel-fueled school buses.

access to the Internet

The $ 65 billion bill for broadband will aim to improve internet services for rural areas, low-income families and tribal communities. Most of the money will be provided in the form of grants to states.

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Modernization of the power grid

To protect against power outages, which have become more frequent in recent years, the bill will spend $ 65 billion to improve the reliability and resiliency of the power system. It will also contribute to the development of carbon capture technologies and cleaner energy sources such as pure hydrogen.

Airports

The bill will spend $ 25 billion on improving runways, gates and taxiways at airports, as well as improving terminals. It would also improve the aging air traffic control towers.

Water and waste water

According to the law, $ 55 billion will be spent on water supply and sanitation infrastructure. The company has $ 15 billion to replace lead pipes and $ 10 billion to tackle water pollution from polyfluoroalkyl chemicals – chemicals used to make Teflon and also used in fire fighting foam, water-repellent clothing and more.

Pay for it

The five-year spending package will be covered by $ 210 billion of unspent COVID-19 aid and $ 53 billion unemployment insurance assistance, which some states have stopped, as well as a host of small cash, such as oil sales. reserves and spectrum auctions. for 5G services.

Associated Press contributors Alexandra Jaffe, Kevin Fracking, and Lisa Mascaro contributed to this report.

Nation World News Desk
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