Benefits of the Infrastructure Bill – Wealth Daily
The $1 trillion infrastructure package was passed by Congress late Friday evening. This is one of the largest federal investments in infrastructure in decades. This kind of infrastructure package has been long overdue.
President Biden is expected to sign it sometime this week after spending some time doing media coverage to make sure the public knows that he was able to work on passing this bill with bipartisanship.
His ratings have decreased quite a bit since taking office. However, I don’t pay too much attention to ratings as of right now, since he’s still early into his four-year term.
If Biden and his administration act fast to bring some of these things in the infrastructure bill to fruition in the next year or two, then Biden’s approval ratings most likely will get an uptick.
What Can We Expect From the Bill?
HR 3684, the Infrastructure Investment and Jobs Act, is a hefty one — consisting of about 1,039 pages.
Since this is a brief article and I don’t think you want me to get into every section of the act, let me briefly break down some of the sections of interest of improvements that are included in this spending package:
- How we commute in cities (metro, bike lanes, buses).
- Access to the internet.
- Travel and transportation (airports, Amtrak, roads, bridges).
- How goods are transported.
- Access to clean water.
- Electric vehicle adoption and EV battery recycling.
As I mentioned earlier, this is a massive bill that involves in-depth detail on exactly how and where the funding will go, but there’s one thing that’s obvious: This bill should have a positive impact on the future of America and the American people.
This could be a massive step forward into an optimistic future for the U.S. That’s why the Biden administration and companies need to be ready to step up and get the ball rolling.
Ramping up America’s Electric Charging Infrastructure
One of the things that the Infrastructure Investment and Jobs Act is set on doing is building up a national network of electric vehicle charging stations. This also included funding to increase the nation’s electric grid through upgrading high-voltage transmission lines.
The package will direct $5 billion to expand electric vehicle highway charging so that EV drivers will be able to take …….