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27 Jun
21:07

Inflation threatens infrastructure spending gains in the US

Inflationary costs threaten to hinder the potential spending gains offered by President Joe Biden's Infrastructure Investment and Jobs Act (IIJA), Kallanish learns from recent projections by the non-profit researcher Eno Center on Transportation. The Biden administration has released $79 billion in funding of the $660 billion allotted over a five-year period in the past six months since the passage of the IIJA, but rising inflationary material costs …
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