Biden’s infrastructure invoice to turn into official on Monday. Here is what’s in it for you

Biden's infrastructure bill passed Congress. Here's what's in it for you

The $1.2 trillion tied up within the new infrastructure invoice go towards every thing from charging stations to sooner web throughout the nation.


Sarah Tew/CNET

Three rounds of stimulus checks might have come and gone, however a brand new $1.2 trillion bundle authorised by Congress final week would fund public works tasks that would contact each a part of the nation. President Joe Biden is anticipated to signal the invoice into regulation on Monday, when the Home and Senate return in session.

The brand new Infrastructure Funding and Jobs Act of 2021 is designed to sort out big-ticket gadgets equivalent to increasing high-speed web and constructing higher airports. (It would not embody checks earmarked for you, however that would are available a unique invoice later this yr — see under for extra particulars.)

This explicit bundle has been within the works since June. It is utterly totally different from the Construct Again Higher Act, which is a degree of tense negotiation. That invoice would come with cash for extra little one tax credit score checks, housing, well being care and little one care credit — what some name “human infrastructure.”

For now, this is what the brand new infrastructure invoice set to turn into official subsequent week might imply for you. And this is the newest on a potential EV tax credit score, the newest on the COVID-19 vaccine mandates and lifted journey restrictions to the US.


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Faster internet across America

A big focus on the infrastructure bill — and a good part of the funding — will go to extending high-speed internet into rural areas and help low-income families pay their monthly broadband bill.

The budget: $65 billion 

What the money is for: Along with building high-speed internet into areas that lack reliable access, the bill would require providers to offer an affordable plan for low-income families. The bill will set aside $14 billion to help low-income families pay for the cost of an internet connection, extending emergency broadband subsidies the government put in place during the pandemic.

New and repaired roads, highways and bridges

The single biggest spending item in the bill is earmarked for the nation’s roads and bridges.

The budget: $110 billion 

What the money is for: According to the White House, 173,000 miles of the country’s highways and major roads as well as 45,000 bridges are in poor condition. The bill will set aside almost $40 billion just for bridge repair and replacement.

Electric vehicle investment, including a national network of charging stations

The bill will invest in electric vehicles, including buses and a chain of EV chargers along the nation’s highways. (As part of the push for electric vehicles, Congress this year intends to offer EV tax credits.)

The budget: $15 billion 

What the money is for: $7.5 billion will go to building out a national network of EV chargers along highways. Other money will go to EV buses — including school buses — and ferries.

ChargePoint EV charging station

The bill will fund a network of charging stations across the country.


ChargePoint

Safer, more modern airports

The bill sets aside money for airport maintenance and improvements.

The budget: $25 billion 

What the money is for: To repair and upgrade runways and gates and modernize terminals and air traffic control towers. 

Water safety

Another big-ticket item is money to pay for improvements to the nation’s water system.

The budget: $55 billion 

What the money is for: Among the areas the bill will address, it will fund lead-pipe replacement across the country and build out water infrastructure in tribal and low-income communities.

Upgrade power grid

The White House said power outages cost the US economy up to $70 billion annually.

The budget: $73 billion 

What the money is for: Updating the nation’s power grid by replacing older power lines and cables and investing in clean-energy research.

Expand public transit

The White House said 24,000 buses, 5,000 rail cars and 200 transit stations are in need of repair. 

The budget: $39 billion 

What the money is for: Improvements to the country’s transit system, including bus and subway car repairs. The bill would also fund transit system improvements and extend transit to more riders.

For more, here’s what we know about where the Biden administration stands on net neutrality, which parts of the country are lagging behind in high-speed access and more on how the new bill will address the digital divide.

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