After weeks of negotiations, President Biden and a bipartisan group of senators have announced a deal on infrastructure spending. The agreement focuses on investments in roads, railways, bridgesand broadband internet, but it does not include investments Biden has referred to as “human infrastructure,” including money allocated for child care and tax credits for families.
According to the White House fact sheet, the plan will be paid for with unused coronavirus relief funds, unused unemployment insurance and sales from the Strategic Petroleum Reserve, among other measures. It is unclear at this point if “unused coronavirus relief funds” includes the roughly $30 billion remaining in the CARES Act Provider Relief Fund.
Click HERE for the WSC Brief on the Infrastructure Agreement
After weeks of negotiations, President Biden and a bipartisan group of senators have announced a deal on infrastructure spending. The agreement focuses on investments in roads, railways, bridgesand broadband internet, but it does not include investments Biden has referred to as “human infrastructure,” including money allocated for child care and tax credits for families.
According to the White House fact sheet, the plan will be paid for with unused coronavirus relief funds, unused unemployment insurance and sales from the Strategic Petroleum Reserve, among other measures. It is unclear at this point if “unused coronavirus relief funds” includes the roughly $30 billion remaining in the CARES Act Provider Relief Fund.
Click HERE for the WSC Brief on the Infrastructure Agreement