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November 14, 2024
PI Global Investments
Infrastructure

Baltimore Bridge collapse may break US political gridlock on infrastructure


Recent political gridlock in the US has “really hurt” their development but the disaster of the Baltimore Bridge could get a more “rational dispensation” toward infrastructure, according to The Australian Foreign Editor Greg Sheridan.

“Donald Trump wanted to devote trillions of dollars to infrastructure and he couldn’t get anything through Congress, even when the Republicans controlled the Senate and the House of Representatives,” Mr Sheridan told Sky News Australia.

“Local authorities typically need some federal government money and it is just getting blocked by this terrible paralysis.

“Nobody wants to allow the other side to claim credit for a good deal.

“You would hope that America would get to a more rational dispensation about infrastructure but … looking at Biden versus Trump, all you see is more gridlock.”



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