Tag: infrastructure spending

July 19, 2022

Most U.S. cities will pour their share of the federal infrastructure spending package into fixing crumbling roads and bridges, prioritizing motor vehicle infrastructure over other projects like public transit, airports and railways. About four in five cities said they plan […]

June 25, 2021

Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies with ties to the construction industry a solid foundation for growth. President Joe Biden announced June 24 that a bipartisan agreement had been reached […]

June 11, 2021

A bipartisan group of senators is eyeing an infrastructure deal with $579 billion in new spending as negotiators try to strike a nearly $1 trillion deal on President Joe Biden’s top priority, according to those briefed on the plan. The […]

May 14, 2021

America invests less in infrastructure than its peers, a new report for the U.S. Congress’ Joint Economic Committee (JEC) released Wednesday said. And infrastructure spending is substantially lower than what it used to be, the report said. As a result, […]

March 23, 2021

President Joe Biden is betting that a multitrillion-dollar economic plan centered around infrastructure spending will do more than bolster an American economy hammered by the coronavirus pandemic: It will ensure his country’s competitiveness against China for decades to come. “If […]

June 5, 2020

The Trump administration signed an executive order to advance its longtime goals of waiving environmental laws and speeding permitting for highways and other infrastructure projects, arguing that such projects will help stimulate the economy ravaged by the Covid-19 pandemic. As […]

January 4, 2017

China plans to spend $503 billion to expand its railway system by 2020 as it turns to investments in infrastructure to bolster growth and improve connectivity across the country, Bloomberg News reported. The high-speed rail network will span more than […]