'Decades overdue.' Transportation industry cheers Biden's infrastructure plan
CNN
President Biden's massive infrastructure proposal has excited transportation executives who say it is unprecedented and will have a broad, lasting impact on the country.
The outline calls for $621 billion to upgrade and modernize everything from roads to bridges, railways, buses, trains and airports. Electric vehicles are a major part of the proposal, with investments in charging infrastructure, the battery supply chain, manufacturing, tax incentives and job creation. An all-encompassing infrastructure push is a rarity, according to transportation experts. Biden's plan will need to receive congressional approval, so details are likely to change. But transportation leaders called the proposal a bold, necessary step to upgrade US transportation.
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