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How Far Will The Infrastructure Bill's $1.2 Trillion Go?

How Far Will The Infrastructure Bill's $1.2 Trillion Go?

Newsy
Friday, November 12, 2021 06:27:07 PM UTC

Money for roads, bridges and broadband will help, but more investment will likely be needed.

"A once-in-a-generation investment that's going to create millions of jobs, modernizing our infrastructure, our roads, our bridges, our broadband, all range of things," said President Joe Biden.

The recently passed bipartisan infrastructure bill will invest $1.2 trillion across the country over the next five years. So how far can that money go to help projects that have been neglected for decades? 

Roads and bridges are quintessential elements of infrastructure, and the bill provides $110 billion to repair, replace and improve them.

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