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Inflation Threatens to Erode Impact of $1 Trillion Infrastructure Law
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Rising prices and snarled supply chains are poised to blunt the impact of the $1 trillion infrastructure law Congress passed with bipartisan support last year.
How many roads, bridges, railways, fiber optic lines and other types of infrastructure the U.S. can build or fix under the law—a central accomplishment of President Biden’s that experts say is a generational investment—will largely hinge on the extent of increases in everything from the cost of diesel fuel to workers’ wages.
Read more on wsj.comAbout this in other media
NY Fed: Public’s Near-Term Inflation Expectations Again Hit Record In February wsj.com /2 years ago
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