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Biden to unveil nearly $5 billion in new infrastructure projects

Biden to unveil nearly $5 billion in new infrastructure projects

CBSN
Thursday, January 25, 2024 02:13:35 PM UTC

Washington — President Biden is set to unveil a nearly $5 billion investment into dozens of infrastructure projects throughout the country on Thursday during a visit to Superior, Wisconsin.

The investment targets 37 major infrastructure projects throughout the country across at least 12 states, with much of the funding going toward repairing and building new bridges. Among the investments is $600 million to replace the 1-5 bridge that connects Washington and Oregon, $372 million for the Sagamore Bridge in Cape Cod, Massachusetts, and $1.06 billion to replace the Blatnik Bridge that runs between Wisconsin and Minnesota, which is near where Mr. Biden is set to appear for the announcement on Thursday.

During the visit, the president is set to meet with small business owners who the White House says are expected to benefit from the new Blatnik Bridge. Mr. Biden is set to deliver remarks at 2 p.m. ET. 

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