Connecticut lawmakers discuss infrastructure investment bill – NBC Connecticut
After months of negotiations, Congress passed one of the main elements of President Biden’s platform with the Trillion Dollar Infrastructure Bill.
The purpose of the bill is to improve many rails, roads, ports, bridges and airports.
The infrastructure investment would bring more than $ 6 billion in federal funding to the state to help solve a wide range of problems.
âReally, all of Connecticut’s physical assets are going to receive more than our fair share because I think we’re willing to spend it,â said Sen. Richard Blumenthal (D-CT). “It is also an investment in jobs and economic progress, because more companies will come here if they know they have a decent transport system.”
At least $ 3.5 billion will be used for the state road network, $ 1.3 billion for public transportation, $ 445 million for the hydraulic infrastructure system, $ 100 million for coverage at broadband and $ 62 million for airport upgrades.
The bill has the support of local leaders inside the state.
âThe time has come for the federal government to provide significant funds for starving infrastructure that needs to be repaired,â said Senator Saud Anwar (D-3rd district).
Bill’s award caught the attention of New Haven University economics professor John Rosen. He tells NBC Connecticut that if the money is properly allocated and spent, the results could come soon.
âIt increases the deficit and the Congressional Budget Office has an analysis of that and it’s a big number, $ 256 billion and it’s deeply concerning,â Rosen said. “These are big projects, they take at least a year to get approved, get the money and start construction and if they spend it well it should lead to more economic growth.”
Responding to the bill, House Republican Minority Leader Vincent Candelora said, âConnecticut, more than ever, needs to turn its attention to a long-term transportation plan that will focus on the train to high speed through economic corridors and hopefully this funding quenches the thirst for the governor’s TCI gas tax plan. “