Money on Top of Money

June 25, 2021 – We are starting to talk about a lot of money. The infrastructure agreement reached by The White House and a bipartisan group of senators includes $312 billion dedicated to transportation, including $109 billion for roads and bridges, a proposal that would represent a significant boost in federal spending for the nation’s transportation infrastructure. That would be layered on top of current federal spending, providing billions more than lawmakers have included in transportation funding bills moving through Congress. Jeff Davis, a fellow at the policy analysis group Eno Center for Transportation, calculated that when it comes to road, rail and transit spending, the framework proposes about $16 billion more than a transportation bill advancing through the House, for instance. The question now is can the framework make it through Congress? A White House fact sheet can be found here.

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