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Thought leadership on Federal Funding, the Infrastructure Investment & Jobs Act + American Rescue Plan Act (ARPA) and related news from national specialists

ARPA

WHAT THEY ARE SAYING: State, Local, and Tribal Leaders Celebrate the First Anniversary of the American Rescue Plan

Last Friday marked one year since President Biden signed the American Rescue Plan into law. This historic legislation drove our economic recovery, helped students safely return to their classrooms, and allowed Americans to get back to work. Moody’s estimates that 4 million of the 7.4 million jobs created in the first year of the Biden-Harris Administration would not exist without the American Rescue Plan. Notably, since January 2021, we have created 467,000 jobs at the state and local levels and education jobs experienced the best growth on record.

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EV

The 2021 Infrastructure Investment and Jobs Act: A Technical Analysis

On Friday, November 12th, Congress passed a $1.2 trillion dollar infrastructure package approving a signature part of President Joe Biden’s economic agenda. The following Monday, President Biden signed the 2021 Infrastructure and Jobs Act into law. Biden remarked, “This law is a blue-collar blueprint to rebuild America. It leaves no one behind and marks an inflection point that we face as a nation” . The bill marks a dramatic increase in infrastructure spending through a broad spectrum of programs. It will deliver $550 billion of new federal infrastructure investments over five years, affecting everything from bridges and roads to the nation’s broadband, water, and energy systems.

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