Home Economy How infrastructure bill will fight inflation, according to booster Sen. Rob Portman

How infrastructure bill will fight inflation, according to booster Sen. Rob Portman

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President Joe Biden signs the “Infrastructure Investment and Jobs Act” during an event on the South Lawn of the White House, Monday, Nov. 15, 2021, in Washington. (AP Photo/Evan Vucci)AP

WASHINGTON, D. C. — As Republicans cite recent inflation as a sign that the nation is going in the wrong direction under President Joe Biden, U.S. Sen. Rob Portman argues that the $1.2 trillion infrastructure bill Biden signed at the White House on Monday will help curb that trend as it funnels billions of dollars to states like Ohio.

The newly minted law will channel $9.2 billion to Ohio highways, $1.4 billion to the state’s water infrastructure, $1.2 billion for Ohio public transportation, $1 billion for the Great Lakes Restoration Initiative, $483 billion to fix Ohio bridges, $140 million for Ohio’s electric vehicle chargers, $100 million to bolster Ohio broadband and $253 million for Ohio airports.

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