United States

Biden finally signs $1 tn Infrastructure Bill

13:38, 16 November 2021
Biden finally signs $1 tn Infrastructure Bill Photo: Susan Walsh/AP/TASS

US President Joe Biden signed the $1 trillion Infrastructure Bill into force at a White House ceremony on Monday.

The signing ceremony was attended by First Lady Jill Biden, House Speaker Nancy Pelosi, Senate Majority Leader, Democrat Chuck Schumer, and other congressmen.

Last week the bill was approved by the House of Representatives of the US Congress, and earlier the Senate voted to pass it as well.

The bill is aimed to provide investment in road and bridge construction, clean drinking water, electricity grids, high-speed internet, and good pay for union work.

Biden said:” The bill's passage showed that despite the cynics, Democrats and Republicans can come together and deliver results. It’s a blue-collar blueprint to rebuild America."

The bill will be the largest federal investment in the US and the largest spending of the US safety net in 50 years.

Many criticized the bill as it will further worsen the American almost record inflation, while others viewed the bill as a necessity to renovate the infrastructure of the US.

The approval of the document in Congress was preceded by several months of negotiations between the Democratic and Republican parties.

Democrats have tried to get more than $ 1 trillion of the Infrastructure Bill approved. Party leaders managed to get the approval only with the backing of 13 GOP officials, while six Democrats voted out of opposition over the delay in passing a larger spending bill.

The bill is considered a victory for the White House, which managed to bring opponents within the party to a compromise, as well as negotiate with some of the Republicans.