U.S. Senate Passes Biden’s $1T Bipartisan Infrastructure Plan The infrastructure plan includes funding to rebuild roads and bridges, shore up coastlines, modernize the electric grid, and update public transit, airports, and freight rail. There is also $65 billion allocated to expand broadband and make it more affordable.

a. Explain how $1 trillion of infrastructure spending could be paid for.

b. Explain the effects of $1 trillion in infrastructure spending on employment and unemployment.