Senate Democrats Release Their Infrastructure Plan
Last week, Senate Democrats released their infrastructure plan which includes an investment of $1 trillion in federal funds to modernize infrastructure and create jobs. The plan will be paid for in large part by rolling back tax cuts passed in the Republican tax bill.
The plan differs significantly from the White Houseinfrastructure plan released in January. The White House plan includes $200 billion in federal funds to stimulate what they hope will be up to $1.5 trillion in new infrastructure investments over the next ten years.
In addition to setting aside funds for tribes in highway programs, housing programs, school restoration, and resiliency efforts, the Senate Democrats' plan includes an investment of $10 billion directly into tribal infrastructure. It is broken down as follows:
· $7.5 billion to the Health Care Facilities Construction program to build new facilities, renovate old ones, and invest in medical equipment.
· $2.5 billion towards water supplies. This includes water infrastructure, irrigation projects, and dam safety.
· $500 million towards deferred maintenance for roads and bridges.
An infrastructure bill will need to garner bipartisan support, especially in the Senate where it would need 60 votes (eleven Republicans) to pass. Funding through the rolling back of recently passed tax cuts will make this plan difficult to pass. NAFOA will provide further analysis as more information becomes available.