1.Who is getting the money?
This answer is complex, so I’ll simplify it by saying that money will start rolling in at the government levels. Think federal agencies, states, counties and cities. Government officials will determine how to best use these funds in line with the plan’s guidelines on how the aid can and cannot be spent.
2.When is the money coming?
The public sector is expected to start receiving their funds this month through a year from now. The timing of this could change depending on future legislation.
3.What can the money be used for?
As mentioned earlier, a major tenet of the American Jobs Plan is to improve domestic infrastructure. This includes things like repairing and updating major highways, roads and bridges, as well as improving ports, waterways and airports. Biden also wants to build, preserve and retrofit more than two million homes and commercial buildings, as well as modernize our nation’s schools, childcare facilities, veterans’ hospitals and federal buildings. The plan also calls for increasing access to capital for domestic manufacturers, as well as improving our nation’s digital infrastructure.