President Joe Biden’s $1.9-trillion coronavirus relief proposal has gone on the books with a short bill signing on March 11, one day after the measure won final congressional approval. The measure has relatively little direct funding for construction or infrastructure projects, but it does provide a major injection of funds to help ailing multiemployer pension plans. Multiemployer plans are common in unionized construction.
In brief remarks in the Oval Office before signing the measure, Biden said that "this historic legislation is about rebuilding the backbone of this nation and giving people in this nation—working people, middle-class folks, people who built the country—a fighting chance. That's what the essence of it is."