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The $1.2 Trillion Plan to Rebuild America - YouTube
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infrastructure it might be the one thing
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americans can actually agree on right
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across the country roads bridges trains
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water supplies and energy grids are all
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failing and it's something us presidents
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have vowed to fix for decades
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the bridges and highways we fail to
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repair today will have to be rebuilt
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tomorrow
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at many times the cost our roads our
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bridges our schools it is also time to
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rebuild our crumbling infrastructure
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america this is how we truly build back
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better
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now some of those promises might finally
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be delivered on with the passage of this
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massive
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700 page 1.2 trillion dollar
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infrastructure bill
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america on main street and at the dinner
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table is talking about infrastructure
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when 20 years ago they didn't even know
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what that meant
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on this vote so how do we get here what
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makes this moment truly different the
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a's are 69. and will this plan really be
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enough the nays are 30 to save america's
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crumbling infrastructure the bill as
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amended is passed
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in 2021 the us got a c minus on the
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american society of civil engineers
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infrastructure report card for those of
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you less familiar with the american
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grading system that's not great when
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you're talking about a network that
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underpins the daily lives of hundreds of
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millions of people specifically civil
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engineers what we do is largely
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unnoticed until something goes really
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wrong so you know we've kind of been
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banging the drum and banging the drum
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but people are like oh i have clean
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water and my sewers work and yeah i hit
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a pothole once in a while but that's
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because the weather changes and so
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there's been a lot of excuses because
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things systemically haven't been failing
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they're now getting to the point where
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the infrastructure you know i laugh it's
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not a midlife crisis it's an old age
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crisis it's impacting everyday americans
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every day
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to understand how we got here you need
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to know how infrastructure gets paid for
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in the us it varies by projects but
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typically some money comes from the
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federal budget which is controlled by
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congress in washington dc and the rest
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is covered by state and local
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governments or private companies
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that's pretty different from european
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countries who mainly fund their
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infrastructure through national
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governments
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according to a brookings analysis
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federal infrastructure spending in the
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u.s peaked in 1933 as fdr invested in
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the new deal after the great depression
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president roosevelt headed for the
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capital by special train to begin
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planning a billion and a half dollar
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relief program
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that gave rise to programs like the
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public works administration and projects
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like the hoover dam laguardia airport
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and the lincoln tunnel
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it also tackled some less iconic but
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crucial upgrades like rural
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electrification and municipal water
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systems
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economists say that investment in
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infrastructure is what helped lead the
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country toward economic success in the
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years that followed you cannot build a
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modern economy and a crumbling
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infrastructure
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there was another spike in federal
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funding in the late 1950s during the
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interstate highway era for the progress
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that will keep this and all other
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american cities alive and then again in
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the 1970s when more comprehensive
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environmental and community development
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efforts were introduced
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but since the 1980s infrastructure has
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made up less and less of u.s federal
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funding
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today only a quarter of public
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infrastructure money comes from the
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federal government leaving already
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struggling state and local governments
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to cover more of the costs and the
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maintenance
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globally the us has fallen behind other
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countries take a look at this chart
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showing g20 countries projected
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infrastructure spending by 2040. china
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is leading the pack with just over five
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percent of its gdp going towards
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infrastructure the us is all the way
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down here at just 1.5 percent
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this new 1 trillion package would be the
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largest investment in decades but not
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quite as big as the spending under the
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new deal now that we've put this
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incredibly thrilling and easily
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digestible bill into context let's get
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into what's actually inside of it
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remember it's 2 700 pages long so we
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can't cover it all but let's start with
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the basics utilities
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every two minutes a water main breaks in
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the us and roughly six billion gallons
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of treated water is lost every day
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that's enough to fill over nine thousand
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pools
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meanwhile safe drinking water isn't a
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guarantee
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water quality in the u.s varies from
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state to state county to county and can
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even depend on which street you live on
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since 2014 flint michigan has been
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synonymous with tainted water a group of
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largely unregulated toxic chemicals
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widely used for years is now a growing
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threat to water safety in thousands of
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american communities the new bill would
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put 55 billion dollars towards water and
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wastewater infrastructure that includes
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15 billion dollars to replace lead pipes
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and 10 billion to address contamination
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from a chemical compound called pfas
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which is still technically legal to have
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in drinking water
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in recent years widespread power outages
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have become more common blackouts are
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estimated to cost the us economy
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billions of dollars every year
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to address this the bill puts forward 65
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billion dollars to improve the nation's
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power grid and invest in things like
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carbon capture and clean hydrogen
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next up we have transportation
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only five percent of u.s commuters use
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public transit to get to work the vast
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majority of people drive cars
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and depending where you live that could
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mean dodging potholes sitting in traffic
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jams or navigating buckling pavement
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according to the white house 173 000
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miles of america's highway and major
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roads and 45 000 bridges are in poor
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condition
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i mean you're you're one
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bad day away from a collapse where a lot
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of people die
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the bill provides 110 billion dollars
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for roads and bridges with an extra 7.5
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billion set aside to build electric
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vehicle charging stations
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meanwhile public transit systems could
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get 39 billion dollars and amtrak would
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get 66 billion to improve its 50 year
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old rail service don't forget the
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president is a big fan of trains
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poor infrastructure costs the average
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person 3 300 a year and that might mean
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well your power went out and you lost a
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refrigerator in a freezer full of food
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and you've got to replace it you know
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you have a water line break somewhere
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you're either buying bottled water or
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you have boil water alerts there's even
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provisions for the further development
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and deployment of hyperloop
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while many of these priorities like
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roads bridges and water supplies may
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seem familiar this bill represents the
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first time that both political parties
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have really acknowledged that climate
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change is taking a toll on the nation's
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infrastructure
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tens of billions of dollars have been
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set aside to address floods wildfires
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and drinking water shortages
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but as we know a lot can go wrong when
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it comes to infrastructure the vision on
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paper isn't always what happens in
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reality and these things take time but
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the urgency to get things done this time
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around does feel different
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so i think in a matter of a couple of
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years there's going to be a lot of
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orange cones out there people are going
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to see
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construction
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in a lot of different areas and will see
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that their money is going to something
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in their neighborhood
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america's 1.2 trillion plan won't be
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enough to solve everything there's still
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a gap of nearly 2.6 trillion to catch up
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with similar countries
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but the bill is an historic investment
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in u.s infrastructure
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and an opportunity for the construction
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industry to leave its mark on a country
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for generations to come
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if you enjoyed this video and you want
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