After months of deliberations, Congress voted to pass, and President Biden elected to sign the $1.2 trillion bipartisan infrastructure plan. The plan would include $550 billion of new federal investment in America’s infrastructure over five years – touching projects that include bridges, roads, broadband, water, and energy systems. This new $550 billion complements the $650 billion in previously authorized funding for roads and other infrastructure. This package will be paid for by utilizing unspent COVID-19 relief and unemployment insurance aid, as well as other fundings modes.
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