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Block 866086
Nearly three years into the five-year law, 40% of Infrastructure Investment and Jobs Act funds have been announced, indicating progress is still lagging, according to a fact sheet the DOT released Wednesday. It shows more than 60,000 construction projects are advancing with IIJA money. The $1.2 trillion federal IIJA, which President Joe Biden signed into law in November 2021, includes $550 billion in new money. Announced funding, captured from agency press releases, is preliminary and non-binding, whereas awarded funding represents actual obligations, per the White House.
Former President Donald Trump has indicated he would defund some initiatives, such as clean energy programs, if he’s elected.
Per the new DOT sheet, IIJA funding has been announced for:
10,200 bridge projects.
1,100 airport projects.
500 port and waterway projects.
170 rail projects.
11,200 additional public transit projects.
In addition, more than 175,000 miles of roadway are being updated thanks to the law, and 1,400 communities are improving road safety for people walking, biking and driving, according to the DOT sheet.
Government inefficiency at its finest!