Greater Louisville Inc.: Infrastructure Bill Passes U.S. Senate In Bi-Partisan Vote

Louisville KY

11 August, 2021

5:13 PM

Description

Press release from Greater Louisville, Inc.: 2021-08-11 On Tuesday afternoon, the US Senate passed the $1.2 Trillion Infrastructure Investment and Jobs Act that would provide much-needed improvement to our nation's roads and bridges. The legislation represents the largest federal investment for infrastructure projects in more than a decade and drew bi-partisan support in a 69-30 vote. The bill directs $550 billion in new federal spending toward infrastructure projects across the country and will renew and revamp existing programs that are set to expire at the end of September. Included in the bill is the following: Funding for the investments in the package are slated to come from a combination of funds, including redirecting unspent federal COVID-19 pandemic funding. The bill now moves to the House of Representatives, where the measure could prove much more divisive. House leadership has indicated that passage of the Infrastructure Bill will hinge on a sweeping $3.5 trillion reconciliation package, which currently lacks support from Republican members. A full list of projects included in the bill can be viewed here. This press release was produced by Greater Louisville, Inc.. The views expressed here are the author's own.