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What’s In Biden’s Bipartisan Infrastructure Bill: Historic Investments — That Aren’t Enough

by vox.com posted 3weeks ago 14 views
House Speaker Nancy Pelosi, accompanied by House Majority Leader Steny Hoyer, left, and House Majority Whip James Clyburn, speaks to reporters at the Capitol on November 5. | Jose Luis Magana/AP The $550 billion legislation includes some massive investments — while failing to fully address the country’s needs. Congress passed a $1.2 trillion infrastructure bill on Friday — and it’s simultaneously a massive and somewhat limited investment in everything from roads to bridges to water pipes. Only $550 billion of the $1.2 trillion Infrastructure Investment and Jobs Act is new spending, which will be spread out over five years.

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