The U.S. House of Representatives recently passed the INVEST in American Act, a $715 billion surface transportation reauthorization bill dedicated to investing in public transit resources. Over the next five years, this bill intends to support regional economies by creating jobs, advancing the transportation framework and addressing climate concerns.
To examine the effects of this policy, we will be hosting “Investing in American Transit,” our upcoming webinar on Tuesday, August 10th from 2:00 to 3:00 p.m. (ET).
If signed into law, this bill will allocate funding for bridges, train stations, tunnels, public transportation, state of good repair backlog (SOGR) and passenger and freight rail. During this discussion, we will explore the economic implications of this the INVEST in America Act using the REMI economic model.