Bipartisan Infrastructure Law Signed into Law

President Biden signs the $1.2 trillion Infrastructure Investment and Jobs Act (HR 3684), the largest federal infrastructure investment since the Interstate Highway System. Allocates $110B for roads/bridges, $66B for passenger and freight rail, $65B for broadband, $55B for clean water, $73B for power grid modernization, $21B for environmental remediation, and $7.5B for EV charging networks. Five-year spending horizon through FY2026.