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Reply to "Infrastructure Investment and Jobs Act has passed!"
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[quote=Anonymous]I can’t believe this but apparently Biden also has to delay signing because the US government ran out of funds!!! Thanks to the progressive push back of the debt ceiling we can’t pay for the highway costs that immediately incur, [twitter]https://twitter.com/sahilkapur/status/1457830024283889667[/twitter] [i]The White House plans a signing ceremony for the infrastructure bill, but there's one complication. After Biden signs it, a mandatory transfer of $118 billion to the highway trust fund would kick in. If he puts pen to paper immediately, that could move up the debt ceiling deadline. Hoagland said the Treasury Department may have some wiggle room in when to transfer the funds to avoid getting closer to the borrowing limit before the issue is resolved.[/i] [/quote]
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