President Joe Biden's newly released $2.3 trillion infrastructure proposal includes significant investments in roads, transit, green energy, and other infrastructure.
Under the American Jobs Plan, $571 billion would go toward improving existing roadways and transit systems, supporting passenger and freight rail networks, improving road safety for all users, and expanding electric vehicle infrastructure. Other investments would help neighborhoods that were disconnected by past projects and build regionally significant projects.
The plan would invest $361 billion in water and clean energy infrastructure, as well as strengthen the resilience of existing infrastructure in the face of increasing extreme weather and climate-related events.
The remaining $1.3 trillion is focused on other areas, such as increasing affordable housing options, and greater support for regional economic and workforce development, small businesses, and manufacturers.
Increased federal funding for infrastructure is long overdue. The multi-billion-dollar funding gap just to operate and maintain the region's current transportation system is expected to increase due to the pandemic and other factors. Congress also will consider proposals in the coming months with the current transportation reauthorization set to expire on September 30, 2021.
CMAP will continue to monitor this legislation and assess how it would impact northeastern Illinois as more details become available. Learn more about CMAP's federal priorities.