Transportation Today
BY KIM RILEY FEBRUARY 3, 2021
Several congressional lawmakers on Capitol Hill are on board with plans by President Joe Biden to use millions of construction, skilled trades and engineering workers to rebuild the nation’s deteriorating transportation infrastructure into one that is modern, sustainable and jumpstarts a clean energy economy.
“It’s no secret that our infrastructure is in desperate need of additional investment,” said U.S. Rep. Rodney Davis (R-IL), who recently introduced a bipartisan bill with U.S. Rep. Earl Blumenauer (D-OR) that aims to help cover the upgrade costs for America’s transportation infrastructure, which currently faces a funding gap of more than $1.1 trillion by 2025.
Their bill, the Building United States Infrastructure and Leveraging Development Act — also known as the BUILD Act, H.R. 451 — would double the national limitation amount for qualified highway or surface freight transfer facility bonds from $15 billion to $30 billion, according to the text of the bill, which would boost the nation’s road, rail, bridge, and freight improvements via public-private investment partnerships.
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