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T.R.U.S.T.

These charts show which states will get the most money from Biden’s infrastructure bill

CNBC News

By Thomas Franck and Nate Rattner August 31, 2021

California, Texas and New York will likely cash in big on the trillion-dollar infrastructure package if the bill makes its way to President Joe Biden’s desk.

But far less populous states — such as Montana and Alaska — will get the most money per capita.

The administration said Californians should plan for at least $44.56 billion in infrastructure funds, the biggest sum for any state, with highways and public transit alone comprising about $34.8 billion of that total.

Texas came in at No. 2 with an estimated allocation of $35.44 billion, between $26.9 billion in estimated highway funds and $3.3 billion in estimated public transit funds. New York, in third, is projected to receive $26.92 billion.


View the full article: CNBC.com

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