In Summary
He said the infrastructure bill was evidence “that despite the cynics, Democrats and Republicans can come together and deliver results.”On the afternoon of Nov. 15, President Joe Biden signed his $1 trillion infrastructure bill into law as it achieved his goal of a bipartisan victory in Washington, D.C., according to The New York Times. Despite getting this bill signed into law, it did not fulfill the full scale of his goals in rebuilding America’s energy and transportation systems.
RELATED: Bipartisan Group of Senators Pass $1 Trillion Infrastructure Bill
The president thanked Senators Rob Portman and Kyrsten Sinema, as well as House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer for their contributions.
“My fellow Americans, today I want you to know we hear you and we see you,” the President said outside the White House. “The bill … is proof that despite the cynics, Democrats and Republicans can come together and deliver results.”
RELATED: The House Passes $1.2T Infrastructure Bill, Awaits Biden’s Signature
The $1 trillion infrastructure bill will go into priority projects such as repairing old bridges and building rail lines. Additionally, the measure contains $550 billion in funding to be spread out in areas that are a necessity.
According to The New York Times, $73 billion will be for the electricity grid, $66 billion for rail, $65 billion for broadband, $47 billion for climate resiliency like combating wildfires, $21 billion for environmental projects, $15 billion for water systems to get rid of contaminated water, $7.5 billion for electric vehicles and $2 billion for transportation projects in rural areas.
RELATED: President Biden Takes His Infrastructure Deal Across the Country
“Let’s remember this day, let’s remember we can come together and most of all, let’s remember what we’ve got done for the American people when we do come together,” Biden said. “I truly believe that 50 years from now, historians are going to look back at this moment and say, ‘That’s the moment America began to win the competition of the 21st century.’”