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August 2, 2021 03:56 pm

Senate negotiators release bipartisan infrastructure bill




U.S. Lawmakers Narrow Infrastructure Gaps Without Reaching Deal


On Sunday, a bipartisan group of senators released their over $1 trillion infrastructure package after weeks of negotiations. As written, the bill authorizes over $500 billion in new spending to strengthen roads, bridges, and other physical infrastructure like high-speed broadband and electric vehicle adoption. The result is the largest domestic spending bill in more than 10 years, touching on nearly every aspect of the US economy.


Last week, negotiators reached a deal to bolster the nation’s broadband networks with an additional $65 billion, but left it unclear exactly how that funding would be spent or how much of it would go toward increasing affordability and adoption. But the text released yesterday contained language to make the...



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Original Link: https://www.theverge.com/2021/8/2/22605917/senate-negotiators-bipartisan-infrastructure-broadband-electric-vehicles-cryptocurrency

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