Biden set to sign infrastructure bill into law
CNN
President Joe Biden signs the $1.2 trillion bipartisan infrastructure package into law Monday afternoon, seeking a jolt of momentum for his presidency as he commemorates a major legislative victory with pomp and circumstance on the White House South Lawn.
Once signed, it will deliver $550 billion of new federal investments in America's infrastructure over five years, including money for roads, bridges, mass transit, rail, airports, ports and waterways. The package includes a $65 billion investment in improving the nation's broadband infrastructure and invests tens of billions of dollars in improving the electric grid and water systems. Another $7.5 billion would go to building a nationwide network of plug-in electric vehicle chargers, according to the bill text.