Infrastructure Read
President Biden, surrounded by lawmakers from both parties, signed the $1 trillion infrastructure bill into law. The legislation marked a bipartisan victory, but fell short of Mr. Biden’s initial $2.3 trillion proposal.
President Biden is expected to sign the $1 trillion infrastructure spending bill into law surrounded by lawmakers from both parties who backed the measure.
Officials said that federal money, including the $1 trillion infrastructure bill, will help the M.T.A. keep fares stable for at least six months and avoid service cuts.
Officials said that federal money, including the $1 trillion infrastructure bill, will help the M.T.A. keep fares stable for at least six months and avoid service cuts.
In total, the measure contains $550 billion in new funds to be spread around different areas of need.
President Biden is set to sign $1 trillion in infrastructure spending into law. But rising prices will determine what happens to his social bill.
How will money from the infrastructure bill be spent? State and local officials have their wish lists.
The bill, which President Biden is expected to sign Monday, is likely to fund road and bridge repairs, water infrastructure upgrades and airport expansions.
Mr. Landrieu, a former mayor of New Orleans, will supervise the distribution of funds from the bipartisan legislation that the president will sign into law on Monday.
The Biden administration has argued that its infrastructure and broader economic package will slow rapid price increases. But that will take time.
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