Modernizing America’s Water Infrastructure: EPA’s Groundbreaking Progress
The U.S. EPA has released its 2024 Investing in America report, detailing the investment progress under the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) – two landmark pieces of legislation reshaping the future of the U.S. economy. Together, the BIL and the IRA provide the EPA $102 billion, including $41 billion under the IRA (FY 2022) and $61 billion under the BIL over five fiscal years (FY 2022 to FY 2026). To date, the resources appropriated to the EPA under the BIL amount to $36.9 billion.
Nearly half of the total appropriation – $50 billion – targets water, one of the EPA’s five major programs (the other four being climate action, air, land, and protecting our communities), marking the largest federal investment in water systems in U.S. history. This funding aims to modernize the nation’s drinking water, wastewater, and stormwater infrastructure while preserving critical waterways.