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Money to build new roads & bridges under Biden's $1T Infra project is 'evaporating' b/c of inflation

Yahoo News

By Sarah Al-Arshani June 19, 2022,

Extreme flooding at Yellowstone National Park washed away roads.ASSOCIATED PRESS

  • Inflation has increased the costs of consumer goods, especially materials for repairing roads.

  • The rising coast has "evaporated" federal funds for repairs, The Associated Press reported.

  • Supply-chain backlogs and the war in Ukraine have contributed to inflation.

Money set aside to build new roads and bridges as part of Biden's $1 trillion infrastructure project is 'evaporating' as inflation raises the costs of materials, the Associated Press reported.


View the full article: Yahoo.com

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