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Infrastructure Finance

To accelerate the transition to electric vehicles, every burg along our “blue highways” is going to need a place for motorists to plug in. For states, that means tax credits, matching grants or similar incentives. But we’re not talking big money.
The new infrastructure bill will give billions to Ohio for highways, bridges, electric vehicle chargers, public transportation and more. Unlike many other Republicans, Portman argues that this bill could help curb inflation.
Gov. Michelle Lujan Grisham has named three officials to oversee the $3.7 billion in federal infrastructure money, which the state will prioritize for broadband, transportation and water system projects.
Transportation experts say that much of the funds in Biden’s big bill just go towards highways and a carbon-intensive status quo.
With the passage of the federal infrastructure bill, transportation leaders in Illinois are gaining hope that the high-speed rail project that would connect Chicago to St. Louis can gain momentum.
Research shows there are ways to fight fraud, but the bill contains very little language aimed at doing so.
The federal agency determined the state was ineligible for nearly $12 billion in federal grants for public transit. Officials fear that this loss of funding could be detrimental to transit agencies.
The quasi-government agency would be able to seek grants, issue bonds and even levy fees to carry out projects that would protect life and property from the increasing number of storms and heat waves across the state.
State transit officials look to invest in transportation infrastructure to assist economic development and a growing population, including more than $400 million for various transportation projects in Cobb County.
The partnership will develop strategies and landing pads in preparation for future electric oversized drone technologies. But some argue that the city’s resources would be better spent on existing transportation infrastructure.