Biden signs bipartisan infrastructure bill into law

President Biden on Monday signed the more than $1 trillion bipartisan infrastructure bill. The package was pared down from Biden's original proposal to spend $2.3 trillion to upgrade the nation's roads, bridges, ports, power lines, and broadband internet, but Biden said the version that passed showed that Republicans and Democrats can work together for the good of the nation. "America's moving again, and your life's going to change for the better," Biden said, promising that the upgrades would help America compete with China and other nations in emerging industries. The law contains $550 billion in new funds, including $66 billion for Amtrak and other rail lines, $65 billion for broadband, $47 billion for responding to wildfires and increasingly frequent storms, and $7.5 billion for electric-vehicle charging stations.