1. A $1 trillion infrastructure bill is heading to President Biden’s desk to be signed into law.
With nearly $600 billion in new federal aid to improve highways, bridges, dams, public transit, rail, ports, airports, water quality and broadband over 10 years, the legislation is a once-in-a-generation chance to overhaul the nation’s public works system. This is where the states want billions spent.
The bill also designates $47 billion for climate resilience, the largest amount of money ever spent by the U.S. to prepare the nation to withstand the effects of climate change.
But still in limbo on Capitol Hill is a second, larger bill — the $1.85 trillion social welfare and climate change legislation. A deal finally materialized on Friday when the Congressional Black Caucus proposed passing the infrastructure bill immediately and holding a separate vote on the social bill in mid-November. Here’s who crossed party lines.
Biden cast the victory as critical to putting Americans to work on long-neglected projects and central to his strategy for competing with China.