The Feel-Good Moment for Infrastructure Is Over, Now Comes the Wait
Last week’s passage of a major bipartisan infrastructure spending package in the House of Representatives was broadly seen as a victory for President Joe Biden at a time when he desperately needed one. But unlike some of Biden’s earlier legislative wins, this one is not likely to produce immediate changes in the lives of most Americans. In the early months of his presidency, Biden was able to secure major stimulus packages that sent cash flowing from the federal government directly into the bank accounts of millions of Americans, many of whom were facing financial struggles due to the coronavirus pandemic.more
Leave a comment