Biden signs infrastructure package 2021 into law. Here's what's in it for you

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The $1.2 trillion tied up in new infrastructure legislation goes toward everything from charging stations to faster internet across the country.

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President Joe Biden signed into law a $1.2 trillion infrastructure package on Monday that would fund public works projects that could touch every part of the country. “We will once again have the best roads, bridges, ports and airports,” Biden said As he signed the bill into law at the White House. “We will lead the world in the 21st century with modern cars and trucks and transit systems.”

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However, this incentive will not authorize another round of checks, or extend advance child tax credit payments (that extension could come in a separate bill later this year – see below for more details), but the new infrastructure investment and jobs act of 2021 Will tackle big-ticket items like expanding high-speed internet and building better airports.

This new law has been in operation since June. it’s completely different from Build Back Better Act, which Congress is continuing to work on and could include more child tax credit checks, funding for housing, health care and child care credits – what some call “human infrastructure,

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For now, here’s what the new infrastructure law signed by Biden on Monday could mean for you. and here is the latest A Potential EV Tax CreditMILF latest COVID-19 Vaccine Mandate And this US travel ban lifted,

Fast Internet across America

A big focus on infrastructure law – and a good chunk of the funding – will go to expansion High-speed internet in rural areas and helping low-income families Pay their monthly broadband bill,

Budget: $65 billion

what is the money forAs well as building high-speed Internet in areas lacking reliable access, the law would require providers to offer an affordable plan to low-income families. The law would set aside $14 billion Extending emergency broadband subsidies imposed by the government during the pandemic, to help low-income families pay for the cost of internet connections.

New and repaired roads, highways and bridges

The biggest spender in the law is the country’s roads and bridges.

Budget: $110 billion

what is the money for, according to the White House, 173,000 miles of the country’s highways and major roads as well as 45,000 bridges are in poor condition. The law would set aside approximately $40 billion for bridge repair and replacement.

Electric vehicle investment including a national network of charging stations

Law will invest in electric vehicles, which include buses on the nation’s highways, and a range of EV chargers. (As part of the push for electric vehicles, Congress intends to offer this year EV Tax Credit,

Budget: $15 billion

what is the money for: $7.5 billion will be spent building a national network of EV chargers along highways. The other money will go to EV buses – including school buses – and ferries.

Chargepoint EV Charging Station

The law will finance a network of charging stations across the country.

Safer, More Modern Airports

The law sets aside money for airport maintenance and improvement.

Budget: $25 billion

what is the money for, Repair and upgrade runways and gates and modernize terminals and air traffic control towers.

water security

There is another big ticket item to pay for improving the country’s water system.

Budget: $55 billion

what is the money for: Among the areas the law will address, it will fund lead pipe replacement across the country and build water infrastructure in tribal and low-income communities.

upgrade power grid

the White House said Power cuts cost the US economy up to $70 billion annually.

Budget: $73 billion

what is the money forUpdating the nation’s power grid by replacing outdated power lines and cables and investing in clean-energy research.

expand public transport

the White House said 24,000 buses, 5,000 rail cars and 200 transit stations are in need of repair.

Budget: $39 billion

what is the money for: Improvements to the country’s transport system, including bus and metro car repairs. The law will also fund transit system improvements and expand transit for more riders.

For more, here’s where we know the Biden administration stands net neutrality, what parts of the country are Lagging behind in high speed access and about how the new law will address digital divide,

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