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How the Infrastructure Investment and Jobs Act Will Impact Mississippi | Mississippi

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www.thecentersquare.com – By Samuel Stebbins, 24/7 Wall St. via The Center Square – 2023-08-17 12:13:43

In today’s polarized political climate, few issues in Washington receive bipartisan support. Investment in the nation’s infrastructure, however, is a notable exception – and with good reason. A 2021 report from the American Society of Civil Engineers assigned U.S. public infrastructure an average letter grade of “C-” based on performance in 17 major categories, including roads, drinking water, transit, dams, and bridges. According to the report, the U.S. needs to invest an additional $2.6 trillion in infrastructure over the next 10 years.

To help address this shortfall, President Joe Biden signed the Infrastructure Investment and Jobs Act into law in November 2021. The bill authorizes $1.2 trillion in federal spending over a five-year period, including $550 billion in new spending to rebuild public works and transportation infrastructure. (Here is a look at Biden’s approval rating in every state.)

Much of this money will be distributed to state governments and has already been earmarked for certain projects, including bridge and highway repair, electric vehicle charging station construction, broadband internet expansion, airport improvements, cybersecurity, and wildfire protection. While the largest states by population are the ones receiving the most federal dollars, they are not necessarily the states where federal infrastructure spending will have the largest impact.

Mississippi is expected to receive $4.5 billion federal infrastructure investment. Adjusting for population, this comes out to about $1,507 per capita, the 19th highest among the 50 states.

Federal highway aid will account for 74.0% of infrastructure investment in the state, more than any other category, followed by water infrastructure, which will account for 9.6% of federal spending, and bridge replacements and repairs, at 5.0%.

All data in this story was compiled by U.S. News & World Report in its article, The States Benefiting the Most From the Infrastructure Deal.

Rank State Per capita federal infrastructure aid ($) Total federal infrastructure aid ($B) Largest investment category 2nd largest investment category 3rd largest investment category
1 Alaska 6,721 4.9 Federal Highway Aid Airports Water Infrastructure
2 Wyoming 4,479 2.6 Federal Highway Aid Water Infrastructure Bridge Replacements and Repairs
3 Montana 3,558 3.9 Federal Highway Aid Water Infrastructure Bridge Replacements and Repairs
4 Vermont 3,458 2.2 Federal Highway Aid Water Infrastructure Bridge Replacements and Repairs
5 North Dakota 3,390 2.6 Federal Highway Aid Water Infrastructure Bridge Replacements and Repairs
6 South Dakota 3,210 2.8 Federal Highway Aid Water Infrastructure Bridge Replacements and Repairs
7 West Virginia 2,452 4.4 Federal Highway Aid Bridge Replacements and Repairs Water Infrastructure
8 Delaware 2,401 2.4 Federal Highway Aid Water Infrastructure Airports
9 Rhode Island 2,345 2.6 Federal Highway Aid Water Infrastructure Public Transportation
10 Hawaii 1,800 2.6 Federal Highway Aid Water Infrastructure Bridge Replacements and Repairs
11 New Mexico 1,759 3.7 Federal Highway Aid Public Transportation Water Infrastructure
12 Maine 1,736 2.4 Federal Highway Aid Water Infrastructure Public Transportation
13 Connecticut 1,675 6.0 Federal Highway Aid Public Transportation Bridge Replacements and Repairs
14 Arkansas 1,648 5.0 Federal Highway Aid Water Infrastructure Bridge Replacements and Repairs
15 Idaho 1,645 3.0 Federal Highway Aid Water Infrastructure Bridge Replacements and Repairs
16 Iowa 1,593 5.1 Federal Highway Aid Water Infrastructure Bridge Replacements and Repairs
17 Louisiana 1,557 7.3 Federal Highway Aid Bridge Replacements and Repairs Water Infrastructure
18 Nebraska 1,550 3.0 Federal Highway Aid Water Infrastructure Bridge Replacements and Repairs
19 Mississippi 1,507 4.5 Federal Highway Aid Water Infrastructure Bridge Replacements and Repairs
20 New Hampshire 1,487 2.0 Federal Highway Aid Water Infrastructure Bridge Replacements and Repairs
21 Missouri 1,464 9.0 Federal Highway Aid Water Infrastructure Public Transportation
22 Oklahoma 1,458 5.8 Federal Highway Aid Water Infrastructure Public Transportation
23 New Jersey 1,454 13.5 Federal Highway Aid Public Transportation Bridge Replacements and Repairs
24 Kentucky 1,439 6.5 Federal Highway Aid Water Infrastructure Bridge Replacements and Repairs
25 Illinois 1,390 17.8 Federal Highway Aid Public Transportation Water Infrastructure
26 Alabama 1,387 7.0 Federal Highway Aid Water Infrastructure Public Transportation
27 Pennsylvania 1,369 17.8 Federal Highway Aid Public Transportation Bridge Replacements and Repairs
28 New York 1,333 26.9 Federal Highway Aid Public Transportation Water Infrastructure
29 Massachusetts 1,327 9.3 Federal Highway Aid Public Transportation Bridge Replacements and Repairs
30 Kansas 1,307 3.8 Federal Highway Aid Water Infrastructure Public Transportation
31 Indiana 1,303 8.8 Federal Highway Aid Water Infrastructure Public Transportation
32 Nevada 1,301 4.0 Federal Highway Aid Public Transportation Water Infrastructure
33 Oregon 1,265 5.4 Federal Highway Aid Public Transportation Water Infrastructure
34 Wisconsin 1,234 7.3 Federal Highway Aid Water Infrastructure Public Transportation
35 Texas 1,216 35.4 Federal Highway Aid Public Transportation Water Infrastructure
36 Utah 1,209 4.0 Federal Highway Aid Public Transportation Water Infrastructure
37 Maryland 1,198 7.4 Federal Highway Aid Public Transportation Water Infrastructure
38 South Carolina 1,195 6.1 Federal Highway Aid Water Infrastructure Public Transportation
39 Minnesota 1,192 6.8 Federal Highway Aid Public Transportation Water Infrastructure
40 Virginia 1,170 10.1 Federal Highway Aid Public Transportation Water Infrastructure
41 Georgia 1,152 12.3 Federal Highway Aid Public Transportation Water Infrastructure
42 Tennessee 1,151 8.0 Federal Highway Aid Water Infrastructure Public Transportation
43 California 1,127 44.6 Federal Highway Aid Public Transportation Bridge Replacements and Repairs
44 Washington 1,115 8.6 Federal Highway Aid Public Transportation Water Infrastructure
45 Ohio 1,087 12.8 Federal Highway Aid Water Infrastructure Public Transportation
46 Michigan 1,070 10.8 Federal Highway Aid Water Infrastructure Public Transportation
47 Colorado 1,068 6.2 Federal Highway Aid Public Transportation Water Infrastructure
48 Arizona 1,022 7.3 Federal Highway Aid Public Transportation Water Infrastructure
49 North Carolina 996 10.4 Federal Highway Aid Water Infrastructure Public Transportation
50 Florida 887 19.1 Federal Highway Aid Public Transportation Water Infrastructure

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News from the South - Texas News Feed

Abbott directs state agencies to divest from investments originating from China | Texas

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www.thecentersquare.com – By Bethany Blankley | The Center Square contributor – 2024-11-21 19:24:00

SUMMARY: Texas Gov. Greg Abbott has issued multiple directives to prepare for the upcoming legislative session focusing on threats from China. One executive order aims to protect Texans of Chinese descent from CCP operatives, while another orders state agencies to prepare for potential attacks on critical infrastructure. Abbott emphasized the need for divestment from Chinese investments due to financial risks associated with CCP aggression. He called for immediate evaluation and divestment of state funds in China, fostering collaboration with other governors to encourage investment alternatives. These measures follow discussions by a select committee exploring foreign threats to Texas’ economy and security.

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News from the South - Georgia News Feed

Study: AI and data centers could drive cost of energy up by 70% over 10 years | Virginia

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www.thecentersquare.com – By Morgan Sweeney | The Center Square – 2024-11-21 19:07:00

SUMMARY: A report by the Jack Kemp Foundation warns that average American energy bills could rise by 25% to 70% over the next decade due to soaring energy demands driven by AI, hyperscale data centers, and advanced manufacturing. The surge is straining the U.S. power grid, leading to significant price increases in capacity markets. Dominion Energy disputes these findings, predicting only a 2.5% annual increase in Virginia. The report argues for policy changes, including charging data centers more for energy and halting subsidies for their construction to alleviate the burden on consumers. Recommendations also include implementing minimum take clauses for utility contracts.

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News from the South - Florida News Feed

St. Petersburg City Council votes to repair Tropicana Field’s roof | Florida

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www.thecentersquare.com – By Steve Wilson | The Center Square – 2024-11-21 17:01:00

SUMMARY: The St. Petersburg City Council approved spending $55 million to repair Tropicana Field, including $26.3 million for roof replacement, after Hurricane Milton damaged it in October. Insurance and FEMA funds will cover some costs. However, Rays co-President Brian Auld doubts the repairs will be ready by 2026. The council delayed a vote on $333.5 million in bonds for a new $1.2 billion stadium, scheduled for 2028. The Rays argue the delay jeopardizes the project, having already spent $50 million. The team will play next season at George Steinbrenner Field in Tampa, paying $15 million to the Yankees.

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