From Birch Gold Group
On top of the economic challenges the U.S. is facing while struggling to recover in the wake of the COVID pandemic and subsequent shutdowns, there’s the issue of our nation’s crumbling infrastructure.
The Biden Administration is proposing to address that problem by with a $550 billion infrastructure improvement bill. Some of the infrastructure the funds will be spent on include, but aren’t limited to:
- $110 billion for roads, bridges and major transportation projects
- $73 billion for power infrastructure
- $66 billion for passenger and freight rail
- $65 billion for broadband
- $55 billion for clean drinking water
- $39 billion for public transit
- $25 billion for airports
Continue reading “Infrastructure Spending Spree Risks Economic Meltdown”