Senate passes $1.2T infrastructure bill

Dive Brief:

  • After months of negotiations, the Senate handed the $one.2 trillion Infrastructure Expense and Work Act Tuesday by a 69-30 margin, with 19 Republicans becoming a member of Democrats in favor of the laws. Mike Rounds, a South Dakota Republican whose wife is going through cancer treatment options, did not vote.
  • The invoice, which features $550 billion in new infrastructure spending more than the up coming five several years, signifies the premier new federal investment decision in the country’s streets, bridges and highways in a long time.
  • The invoice now awaits a vote from the House of Representatives, whose customers do not return from recess until eventually Sept. twenty.

Dive Insight:

Actions in the laws include $one hundred ten billion for improvements to streets and bridges and $sixty six billion for passenger and freight rail projects, in addition to growing broadband entry and electrical motor vehicle abilities across the

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