Infrastructure Bill

The bipartisan Infrastructure Investment and Jobs Act provides for $1.2 trillion in spending, $550 billion of which is new federal spending to be allocated over the next five years.

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This discussion on the Infrastructure Investment and Jobs Act explores the outlook for changes relevant to companies and capital markets.

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Reach out for more information on the possible implications of the Infrastructure Investment and Jobs Act on your business.

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At a glance: what's in the Infrastructure Bill?

Further explore the $550 billion of new federal spending to be allocated over the next five years.

Infrastructure in the United States is deteriorating. The Infrastructure Investment and Jobs Act (IIJA or the Infrastructure Bill) would provide for $1.2 trillion in spending, $550 billion of which would be new federal spending to be allocated over the next five years. The historic investments included in the IIJA, from clean energy to broadband, would significantly reframe the future of infrastructure in the US.

IIJA: Plan strategically to maximize opportunities

Mike Parker, EY Americas Infrastructure Leader, shares insights on how to create a strategic plan that uses IIJA funding effectively. Businesses should not overlook the opportunity to reimagine new areas of infrastructure that require design, financial analysis and procurement, the opportunity to leverage additional private capital, and the opportunity to design projects to attract and catalyze more investment.

What Build Back Better means for businesses

Funding the Infrastructure Bill

Here are some of the major ways that lawmakers are proposing to offset the cost of the spending:

$250b
from using unspent pandemic relief funds appropriated in earlier legislation
$56b
in additional tax revenue from the extra economic growth generated from the infrastructure improvements
$50b
from recouping unemployment benefits claimed by fraudsters
$49b
for delaying the Medicare rebate rule enacted under former President Donald Trump
$53b
from unspent unemployment benefits from states that ended the enhanced payments early
$28b
from increasing tax reporting rules for cryptocurrency investors
$21b
from fees on government-sponsored enterprise
$20b
from spectrum auction sales
$13b
from a Superfund fee on corporations that pollute

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    Gerry Dixon

    EY US Government and Public Sector Managing Partner

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    Tysons, USA

    Tony Robinson

    EY US Central Region Tax Managing Partner

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    Michael Doolan

    EY Americas Infrastructure Tax Leader

    Helping investors assess and structure investments in infrastructrue assets. Passionate about improving and expanding our infrastructure.

    New York, USA

    Orlan Boston

    EY Americas ESG Markets Leader ; Senior Partner, Health Sciences & Wellness, Ernst & Young LLP

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    Hoboken, USA

    Monica Dimitracopoulos

    EY Americas Sustainability Leader

    Strategy and transformation leader focused on driving sustainable value for organizations, people and communities. Deliberate optimist. Loving wife and mother of three boys.

    Washington, DC, USA

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