The Infrastructure Investment and Jobs Act (IIJA) provides $548 billion in new federal infrastructure spending over the next five years to address deteriorating infrastructure in the U.S. Signed on November 15, 2021, the legislation also allots $650 billion for existing infrastructure spending over the same period.
Some of the major areas that stand to benefit most from this historic investment include:
- roads and bridges
- public transit
- power grid and electric vehicles
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