Biden Signs Infrastructure Bill

Biden Signs Infrastructure Bill
The bill will create jobs in many parts of the country.

Provided by Rita Wilczek

At the White House on Monday, President Biden signed a $1T bipartisan infrastructure set to enable enhancements for transportation and utilities over the next five years.¹

Over those five years, $550 billion will be invested into both the physical infrastructure of the nation (roads, highways, and rail) as well as bringing broadband internet to areas it hasn’t been previously available.¹ 

The bill will also create jobs in many parts of the country. Projects ranging from replacing lead pipes in water systems and upgrades to bridges will now move from the planning stages, and into the real world.¹

As usual, large government programs mean money for private concerns as contractors place bids and get hired for these projects. You may have questions about how these infrastructure projects might affect your overall financial strategy. I’d be happy to make time to discuss your questions and concerns as these projects break ground.

Rita Wilczek may be reached at (952) 542-8911 or rwilczek@hirep.net

This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note - investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.

Citations

1. CNBC.com, November 15, 2021