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Infrastructure Spending Gets Underway

Six months since the bipartisan infrastructure plan was signed, there are more than 4,300 projects underway, according to the AP.

Projects underway: On Monday the Biden administration announced that 4,300 infrastructure projects are in progress, with more than $110 billion in funding announced so far.

  • Of the $110 billion that has been allocated, $52.5 billion is for federal highway funding this fiscal year, $20.5 billion is being put towards improving public transit and $27 billion is for bridges over the next five years.
  • Money has also been spent on safety, rural highways, airports, ports and other programs.

Challenges: White House senior advisor Mitch Landrieu said the greatest challenges for the infrastructure plan rollout have been providing technical support to small governments and arranging workforce development to ensure jobs created by the plan are filled.

Working together: With governors and local mayors responsible for 90% of the infrastructure plan’s expenditures and the federal government responsible for 10%, the bill requires the federal government to work hand-in-hand with state and local governments.

What’s next: The Commerce Department recently called on states to begin submitting plans for projects that will provide universal broadband access.

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