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Here's how each U.S. state is benefiting from Biden's $1.2T infrastructure law

Yahoo! Finance By Tanya Kaushal· May 29, 2023 President Biden signed the US Infrastructure Investment and Jobs Act (IIJA) into law in November 2021. Since then, the bipartisan legislation has provided state and federal agencies with up to $1.2 trillion in funding to refurbish roads and bridges, improve access to clean water and internet connectivity, and increase the number of clean energy projects. However, the capacity of each state and local government to channel this funding has varied widely. Funding was divided between the number of infrastructure projects present in each state. States with higher populations and larger areas such as California ($20 billion), Texas ($15 billion), and New York ($10.9 billion) received the highest amounts of total funding compared to New Hampshire, which received the least ($855 million).


View the full article: Finance.Yahoo.com

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