August 12th, 2021
Infrastructure Bill Breakdown From Bellevue's Julie Platt & Andrew Wisniewski
The U.S. Senate passed the $1 trillion bipartisan infrastructure bill by a 69-30 margin this week after months of negotiations. Originally the President had proposed a $2.3 trillion infrastructure plan. The bill is a critical component of President Biden's agenda. The bill would impact all areas of America's lives, from much-needed repairs to roads and bridges to expanding broadband access and updating our country's power grid. To pay for the infrastructure package, the bill includes a measure to repurpose unspent pandemic relief funds, more tightly regulating cryptocurrency, and delaying implementing a Trump-era rule that would change how drug companies can offer discounts to health plans for Medicare patients. Below you will find a summary of the legislation and what it means for Pennsylvania. The chart below shows what Pennsylvania is estimated to receive at the moment, but as more details emerge Bellevue will keep you updated.