How the $1 trillion infrastructure bill will direct billions toward tech spending
During the pandemic, the internet kept Americans going as much as highways and rails.
Now, a $1 trillion infrastructure bill passed by the Senate Tuesday is set to inject money into expanding broadband access and bring funding to other parts of the tech sector, including electric vehicles. At the same time, the bill includes new tax reporting requirements for cryptocurrency transactions, meant to help fund the bill’s enormous price tag.
The bill still needs to be passed by the House of Representatives and signed into law by President Joe Biden.