The Department of Transportation (DoT) has taken a leading role in the infrastructure plans of the Biden Administration. This connection makes sense given that the mission of the DoT is to "ensure America has the safest, most efficient and modern transportation system in the world, which boosts our economic productivity and global competitiveness and enhances the quality of life in communities both rural and urban." The success of their mission is contingent on the stability of roads, bridges, and rail lines -- key elements of our national infrastructure.
The bipartisan infrastructure agreement being used as a starting point for budget allocations includes America's largest-ever investments in public transit and bridge systems. The single largest part of the package consists of approximately $109 billion for roads, highways, and bridges. How this money is spent has yet to be determined. It could very well be distributed directly to states, cities and other local governments to repair their roads and bridges. From a federal perspective, currently Congress spends around $45 billion a year on highways and bridges. This plan would add on two years of spending to be used for federal grant programs run by the U.S. government or leveraged to underwrite private projects.
