March 09, 2022

Infrastructure Law Fully Funded in Proposed Spending Deal - Bloomberg Law

President Joe Biden’s signature infrastructure law would be fully funded after months of delay under a spending bill unveiled early Wednesday.

New programs would be allowed to get off the ground and increased funding levels for this fiscal year authorized by the recent infrastructure law would be able to be deployed under the Transportation-Housing and Urban Development spending portion of the package.

The measure “Fully implements the historic investments in the Infrastructure Investment and Jobs Act,” according a summary released by the House Appropriations Committee of the package (H.R. 2471).

The Transportation Department would receive $102.9 billion in ...

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source: https://news.bloomberglaw.com/daily-labor-report/infrastructure-law-fully-funded-in-proposed-spending-deal

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