Final Thoughts

The U.S. Senate passed the $1 trillion infrastructure bill. The bill includes $550 billion in new spending.  The bill calls for $110 billion for roads, bridges and major infrastructure projects. It also includes $40 billion for bridge repair and replacement, $39 billion to modernize public transit, $66 billion for passenger and freight rail, $65 billion to improve broadband infrastructure, $17 billion for ports and $25 billion for airports.

The bill also includes $7.5 billion for electric vehicle chargers and $7.5 billion for zero and low emission buses and ferries. Also included is $65 billion to rebuild the electric grid, $55 billion to replace lead pipes in the water systems, with another $50 billion to protect the systems from drought, floods and cyber-attacks. There is also $21 billion to clean up Superfund and brownfield sites, reclaim abandoned mine land and cap orphaned gas wells.