The long-awaited green light for the maxi-billion-dollar infrastructure plan, put forward by President Joe Biden, has arrived in the US House of Congress, thanks to the agreement reached between progressives and moderates in the Democratic Party. The plan, already launched by the Senate, is now going to be signed by the president. Under the agreement reached, the other package of social and climate measures developed by Biden, for a total of more than 1.8 trillion dollars, will be voted on later by the House if the spending estimates drawn up by the office budget controls of Congress will coincide with those of the White House.
The launch of the plan, a bipartisan text, represents a great victory for President Biden, both for its historical significance and for the agreement reached through a compromise between the parties. The package, which represents one of the pillars of the White House’s economic agenda, foresees, among other things, an expenditure of 550 billion dollars to modernize the transport network, develop broadband and reform the public service network. This is the most important measure launched by Congress since Biden arrived at the White House, along with the $ 1.9 trillion package approved last spring to combat the pandemic and its economic and social consequences.