Trillion dollar infrastructure bills; Here is what it contains | The Weather Channel – Articles de The Weather Channel
- The bill includes $ 550 billion in new investment.
- Climate change mitigation, resilience and equity are priorities.
- The vote on a larger package has been delayed.
After months of political wrangling, Congress passed a $ 1.2 trillion infrastructure bill on Friday that spends billions of dollars in new investment for a long list of projects, including rebuilding roads and bridges , electric car charging stations, clean energy and power grid upgrades, all with a focus on climate change mitigation, resilience and equity.
A vote on a second larger package has been delayed.
The bill passed the House by a 228 to 206 vote and was passed for signature by President Joe Biden. Passing the bill was a fierce victory in the Biden administration’s efforts to tackle climate change, a priority set during his early days in office. The White House calls it “a one-generation investment in our country’s infrastructure and competitiveness” and says it will help create millions of jobs, many in the clean energy sector.
It includes around $ 550 billion in new initiatives that will largely be funded by leftover coronavirus relief money and increased enforcement of the reporting of earnings from cryptocurrency investments, the Washington Post reported. The Congressional Budget Office estimated that the bill would add about $ 256 billion to debt.
Here’s a look at the content of the bill passed Friday night, according to a White House fact sheet.
-110 billion dollars for roads and bridges. In the United States, 1 in 5 kilometers of freeways and major roads, as well as 45,000 bridges, are in poor condition, according to the White House. The plan would rebuild and repair important and smaller bridges and roads across the country. There are also funds to improve road safety.
-66 billion dollars for the railways. The bill gives rail a central role in transportation and the economic future, with funding to eliminate an Amtrak maintenance backlog, modernize the northeast corridor and expand rail service to other parts of the country. This is the biggest investment in rail since Amtrak was built 50 years ago, according to the White House.
-65 billion dollars for electrical infrastructures. This money would be used to modernize infrastructure with thousands of kilometers of new transmission lines to facilitate the expansion of renewable and clean energy, reduce costs and invest in the transition to a zero emission economy.
-65 billion dollars for broadband. The idea is to ensure that everyone in the United States has access to reliable, affordable, and affordable high-speed internet.
-55 billion dollars for hydraulic infrastructures. This would expand access to clean water for households, businesses, schools and daycares across the country, including tribal nations and disadvantaged communities.
-42 billion dollars in port and airport infrastructure. This includes resolving repair and maintenance backlogs, reducing congestion and emissions, and pushing towards low-carbon technologies.
– $ 39 billion to improve and modernize public transit, including replacing existing vehicles with clean, zero-emission vehicles and improving accessibility for seniors and people with disabilities.
– $ 21 billion in pollution projects, including the clean-up of Superfund sites.
– $ 7.5 billion to build a nationwide network of electric vehicle charging stations in the United States.
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