As you’ve probably heard, the Senate just passed a sweeping $1.2 trillion infrastructure bill.
It’s not a done deal just yet, as the proposed legislation could get bogged down in the House before making its way to the President’s desk. Still, it seems likely that a tidal wave of spending could soon crash on this particular corner of the market.
It’s worth noting that progressives in Congress have threatened to stall the infrastructure bill unless even larger concessions ($3+ trillion) are made for social spending. But at this point, they don’t appear to have the votes....More>>>