senate
WASHINGTON (AP) — U.S. Senators burned the midnight oil as they attempted to wrap up work on a $1T dollar bipartisan infrastructure plan.
Last night’s late night session, stalled out as new debates emerged over proposed amendments to the $1 trillion package. Now, a procedural vote was moved to Saturday.
Senators have processed nearly two dozen amendments, although none has substantially changed the framework of the public works bill.
One debate emerged over cryptocurrency tax compliance.
According to the White House contained in the package is the following:
- $110 billion to fund new roads and bridges
- $73 billion to move from fossil fuels to clean energy and upgrade power infrastructure
- $66 billion to address deferred maintenance on Amtrak trains, expand service, and modernize rail service
- $65 billion to build reliable high-speed internet across America through broadband infrastructure
- $55 billion to replace lead pipes and service lines and provide clean drinking water across the country
- $50 billion for weather-proofing infrastructure and creating infrastructure that’s resilient to the impacts of climate change and cyber attacks
- $39 billion of new investment to modernize and improve public transit and and improve accessibility for the elderly and people with disabilities
- $25 billion for airports to address repair and maintenance backlogs, reduce congestion, and reduce carbon emissions
- $21 billion in environmental remediation to address legacy pollution like superfund sites, abandoned mines, and uncapped oil and gas wells
- $17 billion in port infrastructure
- $15 billion for electric vehicles, busses, and trucks and creating the infrastructure needed to charge them
- $11 billion towards a “Safe Streets for All” program which will work to reduce car crashes and fatalities and improve safety for pedestrians and cyclists.
The Congressional Budget Office said the overall package would increase deficits by about $256 billion over the next decade. But the bill’s backers say it is a “historic investment” that will lead to economic growth.
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