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The $1.2 trillion Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law, was signed into law by President Biden on November 15, 2021. It is one of the largest long-term federal investments in US infrastructure and one of the more important bipartisan accomplishments in recent years. The expanse and complexity of the bill, the large amounts of monies to be spent, and the centrality of infrastructure to the strength of the US economy, raise the stakes for public and private-sector leaders. Efficient and effective investments need to be made. The objective becomes even more complex amidst inflation and slowing US growth, and the enduring effects of the pandemic on the workplace and daily life.
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Charts
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