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Working for strong schools, safe streets and smart development in my local community as well as the state of Maryland and America. One person can make a difference!

Sunday, November 07, 2021

The 2021 Bipartisan Infrastructure and Jobs Act WHAT'S IN IT?

 What’s in it: The infrastructure bill will cost $1.2 trillion over eight years, and offers more than $550 billion in new spending, including:

  • $110 billion toward roads, bridges and other much-needed infrastructure fix-ups across the country; $40 billion is new funding for bridge repair, replacement, and rehabilitation and $17.5 billion is for major projects;
  • $73 billion for the country's electric grid and power structures;
  • $66 billion for rail services;
  • $65 billion for broadband;
  • $55 billion for water infrastructure;
  • $21 billion in environmental remediation;
  • $47 billion for flooding and coastal resiliency as well as "climate resiliency," including protections against fires, etc.;
  • $39 billion to modernize transit, which is the largest federal investment in public transit in history, according to the White House;
  • $25 billion for airports;
  • $17 billion in port infrastructure;
  • $11 billion in transportation safety programs;
  • $7.5 billion for electric vehicles and EV charging; $2.5 billion in zero-emission buses, $2.5 billion in low-emission buses, and $2.5 billion for ferries;
  • The bill will include language regarding enforcement of unemployment insurance fraud;
  • And it will add $256 billion in projected deficits over 10 years, according to the Congressional Budget Office.