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Live Update: Biden Infrastructure Bill Signing



Congress passed a $1.2 trillion infrastructure package on November 5, approving part of the signature of President Biden’s economic agenda.

Here’s what’s on the bill:

Funding for bridges and roads:

The bill calls for investment of 110 billion dollars for bridges and major infrastructure projects. That number is significantly less than the $159 billion that Biden originally requested in the American Jobs Plan.

Including $40 billion for bridge repair, replacement and restoration, according to the invoice text. The White House said it would be the largest single dedicated bridge investment since construction of the interstate highway system began in the 1950s.

According to the White House, the deal also includes $16 billion for large projects that are too large or complicated for traditional funding programs.

Investments will focus on Mitigating climate change, resilience, equity and safety for all users, including cyclists and pedestrians.

Also in the $11 billion package for traffic safety, it includes a program to help states and localities reduce accidents and deaths, especially among cyclists and pedestrians, according to the White House. It will directly fund safety efforts involving highways, trucks, pipelines and hazardous materials.

And it contains 1 billion dollars to Reconnect the community — mostly disproportionately black neighborhoods — divided by highways and other infrastructure, according to the White House. It will fund the planning, design, demolition and reconstruction of a network of streets, parks or other infrastructure.

Transportation and rail money:

The package will provide $39 billion to modernize public transportation, according to the bill text. That’s less than the $85 billion Biden originally wanted to invest in modernizing transportation systems and helping them expand to meet riders’ needs.

The funds will repair and upgrade existing infrastructure, make terminals accessible to all users, bring transit service to new communities and modernize bus fleets and railroads, including replacing thousands of vehicles with zero-emission models, according to the White House.

The deal will also invest $66 billion in passenger and freight rail, according to the bill text. According to the White House, the money will eliminate Amtrak’s maintenance backlog, modernize the Northeast Corridor, and bring rail service to areas outside the Northeast and mid-Atlantic regions. Included in the package is a $12 billion partner grant for intercity rail service, including high-speed rail.

The funding amount is less than the $80 billion Biden originally wanted to send to Amtrak, he has relied on for decades to go home to Delaware from Washington, DC.

However, it would be the largest federal investment in history and passenger rail since Amtrak’s founding 50 years ago, according to the White House.

Broadband upgrade:

The bill would provide a $65 billion investment in improve the nation’s broadband infrastructure, according to the invoice text. Initially, Biden wanted to invest $100 billion in broadband.

It also aims to help lower the price households pay for internet service by requiring recipients of federal funding to provide a cost-effective plan, by creating price transparency and by promoting competition in areas where existing providers do not provide adequate service. It would also create a permanent federal program to help more low-income households access the Internet, according to the White House fact sheet.

Upgrade airports, ports and waterways:

According to the White House, the agreement will invest $17 billion in port infrastructure and $25 billion in airports to address repair and maintenance work and reduce congestion and emissions near ports and airports. , while promoting electrification and other low-carbon technologies.

It is similar to the funding in Biden’s original proposal.

Tram:

The bill, which would provide $7.5 billion for zero- and low-emission buses and ferries, aims to deliver thousands of electric buses to schools around the country, according to the White House.

Another $7.5 billion will go towards building a nationwide plug-in network tram charger, according to the invoice text.

Improve electricity and water systems:

According to the White House, the bill would invest $65 billion to rebuild the power grid. The White House said it called for building thousands of miles of new power lines and expanding renewable energy.

It would provide $55 billion to upgrade water infrastructure, according to the bill text. It will replace lead pipes and service lines, the White House said, so communities can have access to clean drinking water.

The White House says another $50 billion will make the system more resilient – protecting it from droughts, floods and cyberattacks.

Fix the environment:

According to the White House, the bill would provide $21 billion to clean up the Superfund and Brownfield sites, recover abandoned mine land, and cap orphaned gas wells.

Read more about the law here.

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