At its two-year anniversary, the bipartisan infrastructure law continues to rebuild all of America
November 15, 2023, marks the two-year anniversary of the Infrastructure Investment and Jobs Act (IIJA) becoming law. After decades spent waiting for Congress to pass such a historic infrastructure bill, this is certainly a celebratory moment. So, at the two-year mark, where do we stand? Based on our analysis of published White House data, IIJA implementation is just now hitting its stride. Formula and direct federal spending continue to move at a steady pace, already pumping $229 billion into state coffers and direct investment projects.