"he federal government spends hundreds of billions of dollars every year on infrastructure and other investments, either directly or through grants to state and local governments. During testimony that CBO’s Director gave at the beginning of February on the outlook for the federal budget and the economy, some Members of Congress asked about issues related to infrastructure and investment. Because answers during Congressional hearings need to be brief, this blog post provides additional information about those issues and highlights some of CBO’s related work..."
Infrastucture spending
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