How Much Does the Bipartisan Infrastructure Bill Address the Needs of the Future?
We begin with President Biden’s announcement today of an infrastructure deal with 10 Republican senators and a number of Democratic senators which is half of what he originally wanted coming in at $1 trillion over 8 years with $579 billion in new spending that taps into unspent money from prior relief packages and from selling off some of the strategic oil reserves. Already there has been criticism from Senators like Richard Blumenthal who described the deal as “pathetic” and there is the expectation that much of what was left out will be in a budget reconciliation package that may or may not get all the Democratic senators needed on board. Joining us to discuss how much the bipartisan plan addresses the needs of the future is Jonna Hamilton, the Director of Policy in the Clean Vehicles Program at the Union of Concerned Scientists and we will discuss the paltry $7.5 billion to create 500,000 electric chargers along highways and the $7.5 billion to make thousands of school and transit busses electric. With alarming reports from the U.N. that the tipping point of no return to stop the worst effects of climate change is coming sooner than previously thought, necessary investments in the future would appear to be challenges our current political and business systems are incapable of meeting.
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