On March 31, the Biden administration released a more than $2 trillion infrastructure outline titled the “American Jobs Plan.” While the plan calls for federal spending over the next eight years to improve the nation’s infrastructure, including for transportation, broadband, energy, and drinking water, it also includes funding for schools and child-care facilities, affordable housing, workforce development and manufacturing.
The U.S. House of Representatives was originally scheduled to return next week, but without a firm deal in place to pass an additional recovery bill House Democrats have delayed their plans to return to D.C. while Congress and the Administration continue discussions surrounding the next package to address the ongoing health and economic crisis. Senate [...]
“What’s clear is that some contractors will have to deal with cost overruns that they can’t pass on to their customers,” said Brian Sampson, president of the Associated Builders & Contractors of New York. “But in most cases, the increased cost of the tariffs will be passed on to customers resulting in more expensive construction projects or higher costs for capital goods.”
Summer vacation began in Washington on Friday. President Donald Trump left for two weeks in Bedminster, New Jersey, joining the just-departed Senate and House of Representatives for an August recess...