Biden Wants Quick Deal on Infrastructure Bill If Elected
U.S. House Transportation and Infrastructure Committee Chairman Peter DeFazio (D-OR) said last week he had spoken with Presidential candidate Joe Biden’s team about their interest in working on an infrastructure deal by February if Biden is elected.
Chairman DeFazio, while speaking at ITS America conference on Wednesday, stated that the Biden team supports the $494 billion infrastructure deal that the House passed in July.
The bill, dubbed the “Investing in a New Vision for the Environment and Surface Transportation in America (INVEST) Act,” was authored by DeFazio and includes several provisions that would affect energy marketers.
Due to political differences in the House and Senate infrastructure bills, along with the upcoming election, lawmakers recently agreed to a one-year extension of current transportation and infrastructure law.
Regardless of who wins the election, there will be a battle over what the next infrastructure deal will look like.