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  • Writer's pictureD. Brit

Senate Unveils Nearly $1T Infrastructure Bill

Updated: Aug 2, 2021

What Happened:

  • On Sunday evening, Senators finally released the details of a nearly $1 trillion bipartisan infrastructure bill.

  • The enormous 2,700 page bill took weeks of negotiation and marks another step towards achieving one of the Biden administration’s key campaign goals.

  • Said Senate Majority Leader Chuck Schumer (D), “We haven’t done a large, bipartisan bill of this nature in a long time.” He also added that the vote could happen in a few days.

  • Over half the bill, $550 Billion, is dedicated to new federal spending, $73 billion to rebuild the electric grid, $66 billion for passenger and freight trains, $65 billion to expand Internet access, $55 billion for waste and water infrastructure, $40 billion for bridges, $39 billion to help modernize public transit and $7.5 billion to help create a network of charging stations for electric vehicles.

  • Despite the bipartisan participation in developing the bill, it will now have to muster enough Republican support to pass in the Senate, which is far from guaranteed.

Photo Source: pixabay

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