We previously blogged here, here, and here about President Biden’s infrastructure plan, first proposed in March 2021. On August 10, 2021, the Senate passed a bipartisan infrastructure bill that included many pieces of President Biden’s plan, but also contained numerous revisions, reflective of the compromises necessary to pass this ambitious legislation in the Senate.
The Senate approved bill scaled down Biden’s infrastructure plan—from $2,600 billion to $550 billion, cutting investments in research and development, clean energy tax credits, public buildings including schools and homes, and home- and community-based care. Here’s what the Senate bill included and what it cut.
Continue Reading The Senate Approved a $1.2 Trillion Infrastructure Bill: Here’s What it Funds