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October 17, 2021

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The Key Question Surrounding Bipartisan Infrastructure Bill

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This is the key question surrounding the bipartisan infrastructure bill. kJohn Iadarola and Abelina Sabrina break it down on The Damage Report. 

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Read more here: https://www.nytimes.com/2021/07/28/business/economy/infrastructure-deal-takeaways.html

"The biggest funding source is $205 billion that the group says will come from “repurposing of certain Covid relief dollars…” Another $53 billion is assumed to come from states that ended more generous federal unemployment benefits early and return that money to the Treasury Department. An additional $28 billion is pegged to requiring more robust reporting around cryptocurrencies, and $56 billion is presumed to come from economic growth “resulting from a 33 percent return on investment in these long-term infrastructure projects.”"

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