Public works funding falls as infrastructure deteriorates

By Binyamin Applebaum | The New York Times

WASHINGTON — It’s basically the opposite of a major government infrastructure program.

Government spending on transportation and other public works is in decline as federal funding stagnates and state and local governments tighten their belts.

Such spending equaled 1.4 percent of the nation’s economic output in the second quarter of 2017, the lowest level on record, according to Census Bureau data.

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