Everything In The $1.2 Trillion Infrastructure Bill: New Roads, Electric School Buses And More
15 Nov 2021
News
TOPLINE President Joe Biden on Monday signed into law one of the largest infrastructure packages in U.S. history after months of bipartisan negotiations and tense political infighting, shoring up $1.2 trillion in funds, including $550 billion in new investments for the nation's bridges, airports, waterways, public transit and more—here's what you need to know about where the massive new spending will go.
KEY FACTS
- Roads and 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.
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