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Democrats in the U.S. House of Representatives announce $547 billion in infrastructure drafts

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Democrats in the U.S. House of Representatives announce $547 billion in infrastructure drafts

2021-06-05 07:52

Source: Securities Times

Securities Times

2021-06-05 07:52

According to China News Agency, Democrats in the US House of Representatives announced on the 4th local time a draft of infrastructure construction totaling US$547 billion.

The draft was proposed by the chairman of the House Transportation and Infrastructure Committee and Democrat Peter DeFazio. In the next five years, it will spend US$547 billion on infrastructure construction, including the construction and renovation of highways, bridges, railways and other facilities. . The draft will be an important part of the infrastructure construction plan proposed by US President Biden. However, the draft was opposed by Republicans after its publication. The Republicans of the House Transportation and Infrastructure Committee issued a statement saying that the draft is entirely the opinion of the radicals within the Democratic Party. The Democrats did not want to discuss with the Republicans to gain the support of the Republicans.

Disclaimer: The Securities Times strives for truthful and accurate information. The content mentioned in the article is for reference only and does not constitute substantive investment advice. The operation is at your own risk accordingly.

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