[20210611]IN11690_《美国投资法》（H.R.3684）将使公路开支比基线高出34%并收回专项拨款.pdf

CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i INVEST in America Act (H.R. 3684) Would Set Highway Spending 34% above Baseline and Bring Back Earmarks Updated June 11, 2021 On June 10, 2021, the House Transportation and Infrastructure Committee ordered reported the Investing in a New Vision for the Environment and Surface Transportation in America Act (INVEST in America Act; H.R. 3684). The five-year bill, as reported, would authorize roughly $334 billion for federal highway construction and research programs for FY2022-FY2026. This is a roughly 48% increase, unadjusted for inflation, over the $223 billion provided for highways in the previous five-year authorization (FY2016-FY2020), the Fixing Americas Surface Transportation Act (FAST Act; P.L. 114-94). The total represents a roughly 34% increase above current spending adjusted for expected inflation (Table 1). H.R. 3684 also would bring back the designation of projects by Members of Congress for the first time since a moratorium on earmarking was imposed in 2011. Under the bill, base spending in FY2022, authorized in Division A, would be the same as in FY2021 (the one-year extension of the FAST Act,