President Biden appeared to reach a deal Thursday with a group of moderate senators to boost infrastructure spending in the country by about $72 billion annually with increased investments in roads, bridges, water infrastructure, broadband expansion while moving the needle on clean energy that would lower U.S. emissions, reports Progressive Farmer.
Biden met with 10 senators -- five Democrats and five Republicans -- as he made a few brief comments on the bipartisan infrastructure compromise that the senators had agreed to support.
- $109 billion for roads, bridges and major projects
- $66 billion would go for both passenger and freight rail projects
- $49 billion for public transit
- $25 billion for airports
An area that draws heavy attention from agriculture because of exports is inland waterways. The framework sets aside $16 billion in additional money for various waterway projects, including port upgrades.
