County Manager Proposes $4.5 Billion 10-Year Capital Improvement Plan connectionnewspapers.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from connectionnewspapers.com Daily Mail and Mail on Sunday newspapers.
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On March 31, the Biden Administration released its
much-anticipated American Jobs Plan (the AJP ), which
outlines $2.3 trillion of proposed spending on not only traditional
infrastructure programs, but also climate change, housing, drinking
water, workforce development, manufacturing, telecommunications,
and elderly care measures. It also includes a substantial
increase in corporate taxes to pay for the proposal. The AJP sets
the stage for what is expected to be a robust debate between the
Biden Administration and Congress and within Congress on the
details of the legislation to implement the AJP.
$20 billion
Public Transit: Modernizing and expanding public transit systems to meet use demands, including addressing significant transit repair backlogs
$85 billion
Passenger and Freight Rail: Repairing Amtrak; investing in the Northeast Corridor; improving existing corridors and connecting new city pairs; supporting grants related to rail safety and efficiency
$80 billion
Airports: Funding the Airport Improvement Program; spending on FAA asset upgrades and programs supporting terminal renovation and multimodal connections to airports
$25 billion
Ports and Waterways: Improving inland waterways, coastal ports, land ports of entry, and ferries; mitigating impacts of pollution on communities near ports
$17 billion
Large Projects With Regional and National Economic Benefits: Accelerating “transformative investments” and dedicating funds to “ambitious projects” that may be too complex for existing funding programs