The Infrastructure Bill
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What’s in it: The infrastructure bill will cost $1.2 trillion over eight years, and offers more than $550 billion in new spending, including:
- $110 billion toward roads, bridges and other much-needed infrastructure fix-ups across the country; $40 billion is new funding for bridge repair, replacement, and rehabilitation and $17.5 billion is for major projects;
- $73 billion for the country's electric grid and power structures;
- $66 billion for rail services;
- $65 billion for broadband;
- $55 billion for water infrastructure;
- $21 billion in environmental remediation;
- $47 billion for flooding and coastal resiliency as well as "climate resiliency," including protections against fires, etc.;
- $39 billion to modernize transit, which is the largest federal investment in public transit in history, according to the White House;
- $25 billion for airports;
- $17 billion in port infrastructure;
- $11 billion in transportation safety programs;
- $7.5 billion for electric vehicles and EV charging; $2.5 billion in zero-emission buses, $2.5 billion in low-emission buses, and $2.5 billion for ferries;
That adds up to $544 billion.
Where's the other $656 billion going?
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@george-k said in The Infrastructure Bill:
And it will add $256 billion in projected deficits over 10 years, according to the Congressional Budget Office.
Lyin' Joe said it would cost zero.
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When has there been a political spending bill that the side who sponsors it uses way inflated information to claim that it will either cost no money or actually make money? 555
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@george-k said in The Infrastructure Bill:
The infrastructure bill will cost $1.2 trillion over eight years,
Questions occur.
- How were these numbers arrived at?
- Is there any possibility that they are even remotely accurate?
- Can we hold our states' feet to the fire and make them explain why they apparently allowed their infrastructure to crumble into ruin all this time? And
- What did they do with the money allocated to fix the bridges and whatnot?
- Will we the peoples' eyes cross with boredom over the infinitessimally detailed stories that will emerge as the various expenditures are tracked, so we may hold everybody accountable?
- Are you kidding me? What stories?
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@catseye3 said in The Infrastructure Bill:
How were these numbers arrived at?
POOMA
Is there any possibility that they are even remotely accurate?
LOLGF
Can we hold our states' feet to the fire and make them explain why they apparently allowed their infrastructure to crumble into ruin all this time?
<spit-take>
What did they do with the money allocated to fix the bridges and whatnot?
OINK
Will we the peoples' eyes cross with boredom over the infinitessimally detailed stories that will emerge as the various expenditures are tracked, so we may hold everybody accountable?
Are you kidding me? What stories?Indeed
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@george-k said in The Infrastructure Bill:
@catseye3 said in The Infrastructure Bill:
How were these numbers arrived at?
POOMA
Is there any possibility that they are even remotely accurate?
LOLGF
Can we hold our states' feet to the fire and make them explain why they apparently allowed their infrastructure to crumble into ruin all this time?
<spit-take>
What did they do with the money allocated to fix the bridges and whatnot?
OINK
Will we the peoples' eyes cross with boredom over the infinitessimally detailed stories that will emerge as the various expenditures are tracked, so we may hold everybody accountable?
Are you kidding me? What stories?Indeed
POTD
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Park in Pelosi's district slated to receive $200M probed by top GOP senator
Presidio national park in San Francisco is required by its trust to be financially self-sustainable
Senate Energy and Natural Resources Committee ranking member John Barrasso, R-Wyo., probed the national park trust in House Speaker Nancy Pelosi’s, D-Calif., district on its federally required financial self-sufficiency.
Barrasso sent the letter to Presidio Trust chair Lynne Benioff regarding the trust’s federal financial obligations.
The Presidio Trust in San Francisco oversees the national park and, per the legislation that established the trust, it must be financially self-sustainable.
"The Presidio Trust Act states that the Presidio of San Francisco must be financially self-sufficient and should not receive funding from the American taxpayer," Barrasso wrote. "The Presidio Trust’s website further confirms this by stating that the park is managed ‘at no cost to the taxpayers.’"