White House Rolls Out First Batch of Infrastructure Spending




  • In Business
  • 2022-01-14 23:40:49Z
  • By The Fiscal Times
 

The White House announced on Friday the release of $5.3 billion for the repair and construction of bridges, the first installment of the $27 billion provided for such work in the bipartisan infrastructure package President Joe Biden signed into law two months ago.

Speaking at the White House, Biden highlighted one of his most significant legislative accomplishments so far at a time when other major portions of his agenda seem to have stalled out. "My bipartisan infrastructure law includes the largest investment in our nation's bridges since the creation of the Interstate Highway System," Biden said.

In a fact sheet providing an overview of planned infrastructure spending, the White House said that with the release of the funds for bridges, "the Administration has made key progress towards implementing the largest long-term investment in America's infrastructure and competitiveness in nearly a century."

Still, Biden - whose Build Back Better plan is stalled in the Senate, whose effort to expand protections for voter rights has been derailed by fellow Democrats and whose effort to require vaccines for millions of workers was just shot down by the Supreme Court - tipped his hat to the many problems he has encountered lately. "There's a lot of talk about disappointments and things we haven't gotten done - we're gonna get a lot of them done, I might add - but this is something we did get done," he said.

The bridge program will help repair an estimated 15,000 highway bridges, with about half of the money flowing to the 10 states that have the most need, including Pennsylvania, California and Illinois. The American Society of Civil Engineers gave American bridges an overall "C" grade in 2021, estimating that the country would need to spend about $125 billion to bring all of them into good repair.

Like what you're reading? Sign up for our free newsletter.

COMMENTS

More Related News

Jen Psaki: President Joe Biden
Jen Psaki: President Joe Biden's first year marked by tremendous progress

President Joe Biden has gotten results, and the greatest year of job creation in history shows that.

Fauci: US
Fauci: US 'confident' Omicron will soon peak even as hospitals struggle

Biden chief medical adviser also predicts 'a bit more pain'Cloth or N95? Mask disputes pit employees against bosses Dr Anthony Fauci. Photograph: Kevin...

The Biden doctrine: Ukraine gaffe sums up mixed year of foreign policy
The Biden doctrine: Ukraine gaffe sums up mixed year of foreign policy
  • World
  • 2022-01-23 14:05:19Z

On Russia and Putin, the president said the quiet part loud. Re-engagement has been welcomed but the exit from Afghanistan was a disaster. Analysts see much ...

D.C. Is a Donut. There Is No Center in Washington Politics
D.C. Is a Donut. There Is No Center in Washington Politics

Illustration by Elizabeth Brockway/The Daily Beast"Blame the left" is Washington's latest craze.It would not be surprising if it were just coming from the...

'SNL': Fox News thrives on a president's woes

As the nation begins year three of the pandemic, President Joe Biden remains in the doldrums of low approval ratings just after marking the milestone of 365 ...

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: Business