After much debate, President Joe Biden signed a $1.2 billion infrastructure bill (H.R. 3684) into law, finalizing a key part of his economic agenda. The vote in the senate was uncommonly bipartisan; the yes votes included Senator Mitch McConnell of Kentucky, the Senate Republican Leader and 18 other Republicans. Funding for Roads and Bridges The legislation calls for investing $110 billion for roads, bridges and major infrastructure projects. That’s significantly less than the $159 billion hat Biden initially requested in the American Jobs Plan. Included is $40 billion for bridge… read more
November 30, 2021