Infrastructure Investment $1 Trillion

Infrastructure Investment $1 Trillion

IT’S OFFICIAL! The House has passed the $1 trillion investment in our infrastructure set to refurbish aging roads, bridges and ports, ease transportation bottlenecks, replace harmful lead pipes, expand internet access, upgrade the nation’s power grid, and boost infrastructure resilience amid growing concerns over climate change!

Key Facts

Roads + Bridges: Headlining the 2,702-page bill’s spending, roughly $110 billion of new funds would go toward improving the nation’s roads and bridges, and investments in other major transportation programs.

Public Transit: The package also includes the largest-ever federal investment in public transit, allotting $39 billion to modernize systems, improve access for the elderly and people with disabilities, and repair more than 24,000 buses, 5,000 railcars and thousands of miles of train tracks.

Amtrak: The legislation marks the largest investment in passenger rail since the creation of Amtrak 50 years ago, with $66 billion earmarked for high-speed rail, safety improvements, Amtrak grants and modernization of the rail route connecting Washington, D.C., to Boston.

Electric Grid: Though many clean-energy measures were cut from the bill to satisfy spending-weary lawmakers, a $65 billion investment will help upgrade the nation’s electricity grid, with thousands of miles of new transmission lines and funds for environmentally friendly smart-grid technology.

Electric Cars, Buses + Ferries: In addition to $7.5 billion for the nation’s first network of electric-vehicle chargers along highway corridors, lawmakers have shored up $5 billion for zero-emission buses (including thousands of electric school buses) and $2.5 billion for ferries.

Airports: More than $25 billion has been allocated to help modernize America’s airports—funds the Airports Council International says will help tackle more than $115 billion worth of project backlogs.

Road Safety: The deal invests $11 billion in transportation safety programs, including a new program to help states and localities reduce crashes and fatalities in their communities, particularly among cyclists and pedestrians.

Read more about the changes in Forbes: “Everything In The $1 Trillion Infrastructure Bill: New Roads, Electric School Buses, Great Lakes Restoration And More.”



Posted on: Nov. 6, 2021