The Senate passed a $1.2 trillion bipartisan infrastructure package with several transportation-specific provisions. That includes a multibillion investment to reverse the backlog of thousands of buses and rail cars for public transit agencies and critical improvements to transit stations and thousands of miles of track and power systems. The legislation also includes $39 billion of new investment to modernize transit systems across the country. This is the largest financial investment in public transit in U.S. history.
The deal also includes $66 billion to help eliminate the Amtrak maintenance backlog and modernize the Northeast Corridor, which runs between Boston and Washington, DC. This is the largest investment in passenger rail since the creation of Amtrak 50 years ago.
The legislation also includes $17 billion in port infrastructure and $25 billion in airports to address repair and maintenance backlogs, and reduce congestion and emissions near ports and airports.
“As the largest transportation union in North America, we applaud this important investment in airline and rail infrastructure,” said Richard Johnsen, Chief of Staff to the International President. “These resources will help ensure our nation’s railways and airports receive the critical upgrades needed to meet the growing needs of today. This legislation will also ensure the creation and sustainability of good-paying union jobs.”
The legislation now moves for House consideration as early as next month. The IAM looks forward to working with House Speaker Nancy Pelosi and other members of the chamber to get this historic investment passed.