Joe Biden, the President of the world biggest economy, United States of America, has signed a historic $1.2 trillion bipartisan infrastructural bill into law after the bill got a surprising bipartisan push.
The bill was signed today, Monday, November 15, 2021, at the White House lawn, surrounded by dozens Democrat and Republican politicians.
HERE’S WHAT THE BILL MEAN TO AMERICANS
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.
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.
Broadband internet: Tacking on to billions authorized by last year’s American Rescue Plan, the infrastructure bill includes $65 billion to bolster the country’s broadband infrastructure and help ensure that every American has access to high-speed internet, with one in four households expected to be eligible for a $30-per-month subsidy to pay for internet access.
Electric grid and energy: Though many clean-energy measures were cut from the bill to satisfy spending-weary lawmakers, a $108 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 and 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.
Clean drinking water: Following high-profile water-supply crises plaguing cities like Flint, Michigan, the legislation includes a provision for $55 billion to replace all the nation’s lead pipes and service lines, representing the largest investment in clean drinking water ever.
Great rivers and lakes: Among the bill’s more than $50 billion for water infrastructure improvements, about $1 billion is slated to go toward the Great Lakes Restoration Initiative, a sweeping clean-up measure targeting toxic hot spots—or areas of heavy industrial pollution—around the Great Lakes region, and $17 billion will be allocated to ports and waterways.
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.
Normal funding: In addition to the $550 billion in new investments, the package also includes roughly $650 billion in previously authorized funding for roads and other infrastructure, including nearly $300 billion for the Highway Trust Fund and $90 billion for public transit over the next five years.