Transport Topics By Eugene Mulero
January 25, 2021
Unveiling a multitrillion-dollar economic recovery plan meant as an investment for the country’s infrastructure is on the White House’s to-do list for the coming weeks.
President Joe Biden has explained his “Build Back Better” plan will serve as a way to “make historic investments in infrastructure,” specifically the manufacturing industry, and the clean energy sector. It will “create millions more jobs — good-paying jobs, not minimum wage jobs,” Biden said.
This “Build Back Better” proposal of about $2 trillion is said to focus on addressing climate change concerns, as well as reinforce federal environmental regulations. We’ve learned from Biden’s team the plan also will aim to pave the way for the adoption of autonomous vehicles, expand rural access to broadband, guarantee safe drinking water, and modernize highways, bridges and tunnels.
There is an anticipation expressed by stakeholders for the plan’s centerpiece to be a multiyear highway policy bill. (The country’s current highway law expires in September.)
And, again, for this infrastructure proposal to produce meaningful reform, a long-term source of funding will be needed.
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