The Chairs of three U.S. House Committees today released a framework for a five-year, $760 billion investment in infrastructure.
“Moving America and the Environment Forward” is aimed at meeting some of the country’s most urgent infrastructure needs, from addressing the massive maintenance backlog, to designing safer streets, to putting the U.S. on a path toward zero emissions from the transportation sector and increasing resiliency, according to a joint press release issued by the Chairs. The framework was advanced by Transportation and Infrastructure Committee Chair Peter DeFazio (D-OR-04), Energy and Commerce Committee Chair Frank Pallone (D-NJ-06) and Ways and Means Committee Chair Richard Neal (D-MA-01).
Their aim is to bolster the Federal role to help communities around the country undertake transformative projects that are smarter, safer, and made to last. Among other things, the framework outlines major investments, including those in highways, rail, and transit systems, airports, ports and harbors, wastewater and drinking water infrastructure, brownfields, and broadband.
Citing transportation networks developed nearly 70 years ago, Chair DeFazio says, “It’s past time for transformational investments to make our infrastructure smarter, safer, and resilient to climate change, or else we will keep throwing money at an antiquated system that is only holding us and our economy back,” Chair DeFazio said.
The full framework is outlined in a multipart, 19-page PDF. To view or download it, click here.
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