Senate leaders reportedly reached a bipartisan budget deal on Feb. 7, that includes $20 billion for infrastructure investments and $89 billion in hurricane and wildfire relief. After a brief, five-hour government shutdown, Congress passed the deal early Friday, Feb. 9. It was signed by President Trump shortly after.
According to congressional leaders, the infrastructure funds would go towards existing programs, including projects for water and energy infrastructure and surface transportation projects. Overall, the deal could increase spending by a total of $296 billion over the next two years.
It is unclear what relationship this $20 billion in funds will have with the highly anticipated $1.5 trillion infrastructure proposal set to be released by the Trump administration on Monday, Feb. 12. An initial draft of the White House plan suggests that it will promote private and local investment in projects through grants, address rural infrastructure needs and streamline the project review and permitting process.
“This bipartisan deal could provide a much-needed influx of funding for our critical transportation and infrastructure systems,” said Michael W. Johnson, NSSGA president and CEO. “We continue to urge Congress to commit to a comprehensive, long-term and sustainable investment package to improve our infrastructure, grow jobs and expand our economy.”
The package also contains $89 billion in supplemental funding to help areas of Puerto Rico, the U.S. Virgin Islands, Florida and Texas recover from recent hurricanes, wildfires and natural disasters.