Federal infrastructure spending under the 2021 Bipartisan Infrastructure Law has now exceeded $500 billion in approved projects. Here's where the money is going and what's being built.
Spending Breakdown
- Roads and bridges: $160B — 45,000 bridges under repair, 125,000 miles of road improved
- Public transit: $90B — New rail lines in 12 cities, bus fleet electrification
- Broadband: $65B — 23 million households gaining high-speed internet access
- Water infrastructure: $55B — Lead pipe replacement in 400 cities
- Electric grid: $65B — Transmission line upgrades and grid resilience
- EV charging: $7.5B — 50,000 new charging stations by 2030
Economic Impact
An estimated 800,000 jobs have been created directly by infrastructure projects, with another 1.2 million in supporting industries. Construction wages have risen 15% in areas with major projects.
Critics argue that permitting delays have slowed implementation and cost overruns have reduced the effective buying power. The administration says 75% of funds are now committed to specific projects.