The final negotiations over the infrastructure bill have ground funding down to a paltry $550 billion, from what began as a $2.25 trillion proposal from President Joe Biden.
The bipartisan group of senators overseeing the negotiations cut about $29 billion in new spending from the previous draft, eliminating $20 billion of what little climate spending was left in the bill, E&E News reported.
Compared to the previous draft of the bill announced in June, the latest and final draft of the bill removes $10 billion from public transit spending and $5 billion from electric school bus funding. It also effectively cut electric vehicle charging infrastructure in half from the previous draft from $15 billion to $7.5 billion.
The cuts are yet another instance of drastic reductions that the bipartisan group has repeatedly made to climate provisions from Biden’s original proposal. Electric vehicle […]