S H E A R M A N & S T E R L I N G L L P | 2 9
INSIGHTS
There is renewed optimism in the US for
increased public and private infrastructure
investment in the coming years and that
the federal government will play a more
active supporting role. On March 31, the
Biden administration released its American
Jobs Plan (the "AJP"), a detailed blueprint to
spend more than $2 trillion over eight years
for a wide range of infrastructure-related
initiatives, including both "core" or "traditional"
infrastructure programs, as well as energy
transition and job creation proposals.1
Continued overleaf
US Infrastructure
Update: Major
Spending Proposals
from Biden
Administration
BY PAUL EPSTEIN AND DAVE ULLMAN
