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President Joe Biden is set to announce his first infrastructure bill this afternoon, with a price tag of around $2 trillion, principally spent out over eight years. The bill will include major investments in everything from broadband to elder care workers — to be paid for with tax hikes on corporations.
Here’s what to expect.
The first area to see a historic investment would be transportation, according to an administration official. That includes modernizing 20,000 miles of roads and funding for important bridges. Significantly, federal funding for public transit would double.
More climate-friendly forms of transit would also details ⇒
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