Behind Biden's Infrastructure Victory
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President Biden signed the Infrastructure Investment and Jobs Act, a $1.2 trillion bill with $550 billion in new spending. It focuses on roads, bridges, trains, public transit, electric car chargers, power lines, water infrastructure, and internet access. The bill is a result of bipartisan negotiations, making it more conservative than Biden's original American Jobs Plan. Despite compromises, it marks a significant infrastructure investment, gaining support from both parties.
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