New York (CNN Business) Dozens of business leaders, including the CEOs of BlackRock, United Airlines and Macy's, called on lawmakers Monday to swiftly enact the $1.2 trillion bipartisan infrastructure bill that is stalled in Congress. More than 140 executives signed the public letter to congressional leaders expressing strong support for the bipartisan infrastructure framework, calling it a "long awaited and desperately needed program to renew and rebuild our nation's crumbling infrastructure." The letter, organized by the Partnership for New York City, stressed that modernizing and expanding America's physical and digital assets are a "necessary foundation for our nation's sustainable growth." The bipartisan infrastructure plan, if enacted, would ramp up spending on waterways, broadband networks, bridges and water systems. "It will leverage significant private investment and generate a strong return for the federal government.

Source: CNN July 27, 2021 00:56 UTC