How President Biden’s Infrastructure Bill Could Help Your Community


President Joe Biden recently unveiled a sweeping infrastructure proposal dubbed the American Jobs Plan, “an investment in America” that aims to “create millions of good jobs, rebuild our country’s infrastructure, and position the United States to out-compete China,” according to a White House statement. In the process, the proposed package (variously estimated at between $2 and $2.25 trillion) seeks to improve how Americans move, live, and work for the better. Here’s a closer examination of what exactly the American Jobs Plan proposes, how it aims to create change, and what the massive plan may mean on a more local level.

Building tomorrow’s bridges

The plan earmarks $115 billion to fix up 20,000 miles of roadways and 10,000 bridges, with part of the funding meant to “improve air quality, limit greenhouse gas emissions, and reduce congestion” on the road.

This segment of the spending further plans to fix the “10 most economically significant” bridges in the country in dire need of repairs—and you can bet cities and states will be angling to end up on that list. Cincinnati’s “functionally obsolete” Brent Spence Bridge, which connects a number of interstates and commerce corridors, seems to be a leading candidate so far. That’ll most likely happen, as even the president’s political adversary, Senate Minority Leader Mitch McConnell, admits that “if there is any project in America that is eligible, this [bridge] would be it.”

Electric-vehicle charging stations could be much more prevalent across America if the president’s bill passes.

Photo: Getty Images

More electric-vehicle charging stations

In order to achieve Biden’s goal of net-zero emissions by 2050, there will need to be many more electric vehicles driving over those improved bridges. As NPR notes,  the plan calls for a series of incentives and grants that could establish a network of 500,000 electric-vehicle charging stations by 2030.

Funding the railroads

It’s projected that $80 billion will go toward projects creating faster and more reliable train service while connecting new cities. America has quite a bit of catching up to do when it comes to matching Europe’s robust rail infrastructure, and it looks as if Amtrak already has some ideas on how it can start closing the gap. What’s more, there’s another $85 billion added in the legislation to modernize shorter-range public transit options, such as buses and subways.

More, better affordable housing

Through a combination of $213 billion of federal funding, tax credits, and grants, Biden’s plan hopes to “produce, preserve, and retrofit more than 2 million affordable and sustainable places to live” across the country. That includes not only reinvesting in existing public housing but significantly expanding the country’s supply of affordable housing through public-private partnerships. In total, the aim is to build or preserve more than 1 million affordable, energy-efficient housing units, an effort that could kickstart housing construction and create jobs.



Source link

Latest articles

Leave a reply

Please enter your comment!
Please enter your name here