What's in the US Senate's $1.2 trillion infrastructure plan?

The plan includes a number of proposals to finance the spending
Last Updated 24 June 2021, 20:55 IST

US President Joe Biden on Thursday embraced a bipartisan Senate deal to spend hundreds of billions of dollars on infrastructure projects, building roads, bridges and highways and helping stimulate the economy.

Here are some of the details of the bipartisan framework released by the White House, valued at $1.2 trillion over eight years, $579 billion of which is new spending:


* Roads, bridges and other major projects: $109 billion.

* Power infrastructure, including grid authority: $73 billion.

* Passenger and freight rail: $66 billion.

* Broadband infrastructure: $65 billion.

* Water infrastructure, such as eliminating lead pipes: $55 billion.

* Public transportation: $49 billion.

* Resilience (preparing infrastructure for the impacts of climate change such as floods and other extreme weather events, and cyber attacks): $47 billion.

* Airports: $25 billion.

* Environmental remediation: $21 billion.

* Creation of an Infrastructure Financing Authority focused on clean transportation and clean energy: $20 billion.

* Ports, waterways: $16 billion.

* Safety, including grants to add bike lanes and other steps to protect vulnerable road users: $11 billion.

* Electric vehicle infrastructure, including chargers: $7.5 billion.

* Electric buses, transit: $7.5 billion.

* Western water shortage: $5 billion.


The plan includes a number of proposals to finance the spending. Republicans sketched out those plans:

* Improve tax enforcement: Net increase of $100 billion after $40 billion invested in enforcement.

* Public-private partnerships and "direct-pay" municipal bonds: $100 billion.

* Redirecting unused Covid-19 relief funds: $80 billion.

* Proceeds from 5G wireless networks spectrum auction: $65 billion.

* Estimated macroeconomic impact of infrastructure investment: $58 billion.

* Redirecting unused unemployment insurance money returned from US states: $25 billion.

* Reinstating Superfund fees for chemicals. Superfund, the program for cleaning up the nation’s worst hazardous waste sites, was originally financed primarily through taxes on petroleum products, chemicals and corporate income: $13 billion.

* Extending expiring customs user fees: $6.1 billion.

* Sale of oil from the US Strategic Petroleum Reserve: $6 billion.

(Published 24 June 2021, 20:40 IST)

Follow us on