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Saturday, September 25, 2021

Dems' reconciliation bill has $6B transportation 'slush fund' that GOP aide warns could fund backdoor earmarks


Dems' reconciliation bill has $6B transportation 'slush fund' that GOP aide warns could fund backdoor earmarks



Transportation Secretary Pete Buttigieg would have broad discretion over how to spend $6 billion allocated for "local surface transportation priorities." A Senate GOP aide said that money could be a backdoor way to fund earmarks.

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf