From CNN via Hartford Business Journal.
Joe Biden is now President and Democrats have gained a slim majority in the Senate along with the party’s control of the House. Does that mean that this is finally the time for Congress to pass a big, bold infrastructure spending bill that can help boost the economy?
There were high hopes in 2016 that either Hillary Clinton or Donald Trump would focus on infrastructure.
But after Trump defeated Clinton, not much happened on the infrastructure front — save for extending funding for the Obama-era Fixing America’s Surface Transportation (FAST) Act for an additional year when it was set to expire in September 2020. The money for the program now runs out at the end of September.
More will be needed, and some experts say it is politically doable even in a fractured environment.
See the complete article from CNN via Hartford Business Journal online.