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Thursday, March 28, 2024

What’s Actually Included in the House’s $1T Bipartisan Spending Bill?

'The bill would spend $7.5 billion for electric vehicle charging stations, which the administration says are critical to accelerating the use of electric vehicles to curb so-called climate change, although experts argue over how much impact turbo charging the system would create...'

(Headline USA) The $1 trillion infrastructure plan that now goes to President Joe Biden to sign into law has money for roads, bridges, ports, rail transit, safe water, the power grid, broadband internet and more.

The House passed the bipartisan plan Friday night and Biden said Saturday he will hold a signing ceremony when lawmakers return from a week’s recess. The White House is projecting that the investments will add, on average, about 2 million jobs per year over the coming decade.

The bill cleared the House on a 228-206 vote, ending weeks of intraparty negotiations in which radical Democrats insisted the legislation be tied to a larger, $1.75 trillion social spending bill — an effort to press more rational Democrats to support both.

The Senate passed the legislation on a 69-30 vote in August after rare bipartisan negotiations, and the House kept that compromise intact. Thirteen House Republicans voted for the bill, giving Democrats enough votes to overcome defections from hardcore leftists in their party.

Here’s a breakdown of the bill:

ROADS AND BRIDGES

The bill would provide $110 billion to repair the nation’s aging highways, bridges and roads. According to the White House, 173,000 total miles or nearly 280,000 kilometers of America’s highways and major roads and 45,000 bridges are in poor condition. And the almost $40 billion for bridges is the single largest dedicated bridge investment since the construction of the national highway system, according to the Biden administration.

PUBLIC TRANSIT

The $39 billion for public transit in the legislation would expand transportation systems, improve accessibility for people with disabilities and provide dollars to state and local governments to buy zero-emission and low-emission buses, all part of a broader leftist move to urbanize the populace. The Transportation Department estimates that the current repair backlog is more than 24,000 buses, 5,000 rail cars, 200 stations and thousands of miles of track and power systems.

PASSENGER AND FREIGHT RAIL

To reduce Amtrak‘s maintenance backlog, which has worsened since Superstorm Sandy nine years ago, the bill would provide $66 billion to improve the rail service’s Northeast Corridor (457 miles, 735 km), as well as other routes. It’s less than the $80 billion Biden — who rode Amtrak from Delaware to Washington during his time in the Senate — originally asked for, but it would be the largest federal investment in passenger rail service since Amtrak was founded 50 years ago, and has been floundering badly since.

ELECTRIC VEHICLES

The bill would spend $7.5 billion for electric vehicle charging stations, which the administration says are critical to accelerating the use of electric vehicles to curb so-called climate change, although experts argue over how much impact turbo charging the system would create. It would also provide $5 billion for the purchase of electric school buses and hybrids, reducing reliance on school buses that run on diesel fuel.

INTERNET ACCESS

The legislation’s $65 billion for broadband access would aim to improve internet services for rural areas, low-income families and tribal communities. Most of the money would be made available through grants to states.

MODERNIZING THE ELECTRIC GRID

To protect against the power outages that have become more frequent in recent years, the bill would spend $65 billion to improve the reliability and resiliency of the power grid. It would also boost carbon capture technologies and more environmentally friendly electricity sources like clean hydrogen.

AIRPORTS

The bill would spend $25 billion to improve runways, gates and taxiways at airports and to improve terminals. It would also improve aging air traffic control towers.

WATER AND WASTEWATER

The legislation would spend $55 billion on water and wastewater infrastructure. It has $15 billion to replace lead pipes and $10 billion to address water contamination from polyfluoroalkyl substances — chemicals that were used in the production of Teflon and have also been used in firefighting foam, water-repellent clothing and many other items.

PAYING FOR IT

The five-year spending package would be paid for by tapping $210 billion in unspent COVID-19 relief aid and $53 billion in unemployment insurance aid some states have halted, along with an array of smaller pots of money, like petroleum reserve sales and spectrum auctions for 5G services. Biden had pledged no tax increase on any but the super rich to pay for the massive spending spree, but realists argue that is not a likely scenario.

Adapted from reporting by the Associated Press.

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