'Decades overdue.' Transportation industry cheers Biden's infrastructure plan

CNN Business By Matt McFarland April 1, 2021

Washington, DC (CNN)President Biden's massive infrastructure proposal has excited transportation executives who say it is unprecedented and will have a broad, lasting impact on the country. The outline calls for $621 billion to upgrade and modernize everything from roads to bridges, railways, buses, trains and airports. Electric vehicles are a major part of the proposal, with investments in charging infrastructure, the battery supply chain, manufacturing, tax incentives and job creation. An all-encompassing infrastructure push is a rarity, according to transportation experts. Biden's plan will need to receive congressional approval, so details are likely to change. But transportation leaders called the proposal a bold, necessary step to upgrade US transportation. "President Biden's plan is the most visionary proposal for the nation's transportation network since the dawn of the Interstate Highway System," Janette Sadik-Khan, chair of the National Association of City Transportation Officials, said in a statement.

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