From EV chargers to high-speed internet, impact of infrastructure bill to be felt for decades

The Infrastructure Investment and JOBS Act is a significant legislative effort aimed at improving the U.S. infrastructure. It covers a wide range of areas, including replacing lead pipes, expanding broadband access, and building a network of electric vehicle chargers. The Act is expected to enhance mobility, boost the economy, and improve quality of life. Major projects, like the Baltimore tunnel replacement, highlight the Act's impact. State and local governments play a crucial role in determining the allocation of funds. The Act is creating jobs and stimulating economic activity, with long-term benefits anticipated. However, continued investment will be necessary to meet the country's infrastructure needs.

In what ways do state and local governments influence the spending of infrastructure funds?

What are the potential economic effects of the construction activities initiated by the Infrastructure Investment and JOBS Act?