Thursday, April 13, 2023

Infrastructure

Update on the infrastructure bill. The law, enacted about 100 days ago, will provide $550 billion for new federal infrastructure investments over the next five years. Roughly a fifth of the pot will be available in 2022 for a variety of projects, including roads, bridges, rail, water systems, airports, broadband and public transit. A fifth of the pot would be $110 billion. In 2022 only 6.3 billion was spent and a good guess as to why would be environmental concerns. It all goes back to Obama when he found out there were no shovel ready jobs. Here's the fear. Infrastructure projects can have significant impacts on the environment, such as deforestation, soil erosion, loss of biodiversity, and increased air and water pollution.Feb 6, 2023

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