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John -
Here are the facts.
The $1.2 trillion bipartisan Infrastructure Investment & Jobs Act (IIJA), which was passed by the Senate earlier this month, includes $550 billion in NEW physical infrastructure spending on roads and bridges, broadband, power reliability, safe drinking water, ports and waterways, and more.
The remaining $650 billion? It reflects baseline spending on infrastructure, or the money that has already been authorized by Congress. This portion of the legislation has several funding sources including the Highway Trust Fund, which is funded by existing revenue streams including the federal gas tax.
What does the United States get for this investment? We will experience a once-a-generation opportunity to rebuild our nation's infrastructure, restore our economic competitiveness, enhance equipment manufacturers' ability to meet the challenges and opportunities of the 21st century, and improve the lives of all Americans.
What can your state expect to see a portion of?
* $110 billion for federal-aid highway apportioned programs
* $40 billion for bridge replacement and repairs over five years
* $65 billion to rebuild America's electric grid
* $55 billion to upgrade water infrastructure
* $65 billion to improve broadband connectivity
* $17 billion for ports and waterways
* $25 billion for airports
* And more.
What about equipment manufacturers?
* $27 billion added to the U.S. economy;
* 500,000 new manufacturing jobs;
* 100,000 of which are directly engaged in equipment manufacturing - all this in the next two to three years
The fact is this is the right investment at the right time for your state and our country, but we need your help! Please contact your Congressperson and tell them that America cannot afford to wait to fix our crumbling infrastructure!
CLICK HERE: Tell your representative to Stand With Us and Support the Bipartisan IIJA!
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