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News 2021 - Biden infrastructure plan bets big on U S

Business ​U.S. President Joe Biden’s sweeping $2.3 trillion plan to rebuild America’s crumbling infrastructure proposes doubling federal funding for mass transit and spending $80 billion to expand and modernize passenger rail service. Public transit systems have suffered through the COVID-19 pandemic as tens of millions of Americans worked from home and curbed business and tourism travel. Many avoided subways and buses due to health concerns over traveling in confined spaces. But even with widespread vaccinations, it is unclear if demand will return any time soon. Work-from-home arrangements initially seen as temporary pandemic measures now appear to be a long-lasting phenomenon for millions of U.S. workers.

Analysis: Biden infrastructure plan bets big on U S return to mass transit after COVID-19

4 Min Read WASHINGTON (Reuters) - U.S. President Joe Biden’s sweeping $2.3 trillion plan to rebuild America’s crumbling infrastructure proposes doubling federal funding for mass transit and spending $80 billion to expand and modernize passenger rail service. U.S. President Joe Biden speaks about his $2 trillion infrastructure plan during an event to tout the plan at Carpenters Pittsburgh Training Center in Pittsburgh, Pennsylvania, U.S., March 31, 2021. REUTERS/Jonathan Ernst Public transit systems have suffered through the COVID-19 pandemic as tens of millions of Americans worked from home and curbed business and tourism travel. Many avoided subways and buses due to health concerns over traveling in confined spaces.

Analysis: Biden infrastructure plan bets big on U S return to mass transit after COVID-19

Analysis: Biden infrastructure plan bets big on U S return to mass transit after COVID-19
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