Half of IIJA funds unspent with Trump set to take office

Three years into the five-year federal law, $568 billion, or 47%, of Infrastructure Investment and Jobs Act funds have been announced, per a White House fact sheet released Nov. 15. Announced funds are up about 25% from $454 billion for 56,000 projects disbursed as of May — the law’s halfway mark — and up 42% from the year-ago period. The law, however, faces an uncertain future as the Trump administration prepares to take office. Biden officials are rushing to get infrastructure funds out the door ahead of the incoming Trump administration, AP News reported. On Nov. 15, Transportation Secretary Pete Buttigieg announced over $3.4 billion in IIJA grants to expand passenger rail, make roads safer, improve ports and otherwise strengthen supply chains, according to a U.S. DOT news release. Although 19 Republicans voted for the IIJA, President-elect Donald Trump has pledged to scale back the government and dismantle parts of Biden’s bills. Experts say that federal support for public transportation, Amtrak, high-speed rail and electric vehicles may be at risk.

https://www.constructiondive.com/news/iija-progress-year-three-trump/733228/

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