{"id":54883,"date":"2021-11-16T02:49:39","date_gmt":"2021-11-15T22:49:39","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=54883"},"modified":"2021-11-16T02:49:44","modified_gmt":"2021-11-15T22:49:44","slug":"biden-signs-infrastructure-bill-into-law","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/biden-signs-infrastructure-bill-into-law\/11\/16\/market-updates\/","title":{"rendered":"Biden Signs Infrastructure Bill Into Law"},"content":{"rendered":"\n<p>The bipartisan $1.2 trillion infrastructure bill has been signed into law by US President. Roads and bridges represents $110 billion investment, below the $159 billion initially requested per Biden\u2019s Jobs Plan.<br><br>The White House says it would be the largest dedicated bridge investment since the 1950s.<br><br>$16 billion cover major projects as the package dedicates $11 billion for transportation safety to reduce crashes and fatalities.<br><br>The package provides $39 billion to modernize public transit, less than the $85 billion that Biden initially wanted. The legislation provides a $65 billion investment in improving the nation&#8217;s broadband infrastructure.<br><br>Upgrading airports, ports and waterways receives $17 billion to address repair and maintenance backlogs, reduce congestion and emissions near ports and airports.<br><br>The legislation will provide $7.5 billion for zero emission buses and ferries, aiming to deliver thousands of electric school buses nationwide.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The bipartisan $1.2 trillion infrastructure bill has been signed into law by US President. Roads and bridges represents $110 billion investment, below the $159 billion initially requested per Biden\u2019s Jobs Plan.The White House says it would be the largest dedicated bridge investment since the 1950s.$16 billion cover major projects as the package dedicates $11 billion &hellip;<\/p>\n","protected":false},"author":13,"featured_media":42815,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,38,37,39,36],"tags":[7214,7608,7530,7570],"class_list":["post-54883","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-commodities-news","category-forex-markets","category-global-stock-markets","category-market-updates","tag-biden","tag-bill","tag-infrastructure","tag-law"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=54883"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54883\/revisions"}],"predecessor-version":[{"id":54890,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54883\/revisions\/54890"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/42815"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=54883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=54883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=54883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}