The U.S. government shutdown impacts Democratic states, with $11 billion in infrastructure projects facing freeze.

robot
Abstract generation in progress

[Coin World] According to CCTV news, the impact of the “shutdown” of the U.S. federal government is continuously expanding. White House Office of Management and Budget Director Vought revealed on social media on the 17th that due to the shutdown, the U.S. Army Corps of Engineers will freeze a large number of infrastructure projects in states governed by the Democratic Party, totaling $11 billion in funding. These projects may ultimately be canceled. Information from the White House Office of Management and Budget shows that these projects include the construction of the waterfront park in San Francisco, the construction of the water supply and drainage system in New York City, and the expansion of several bridges in Massachusetts. Additionally, infrastructure projects in Illinois, Maryland, New Mexico, and other places are also affected. Some media have noted that in the 2024 U.S. presidential election, the aforementioned states did not cast their electoral votes for Trump. According to U.S. media reports, since the “shutdown”, the Trump administration has frozen or canceled funding for hundreds of projects nationwide, totaling at least $28 billion. These projects are primarily located in states and cities governed by the Democratic Party or congressional districts where Democratic Party members are situated, involving clean energy development, transportation infrastructure, and more.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
RugpullTherapistvip
· 23h ago
Are you playing that political narrative trap again?
View OriginalReply0
PonziWhisperervip
· 23h ago
Be Played for Suckers again.
View OriginalReply0
EthMaximalistvip
· 23h ago
Political struggles, right... Blockchain is the best in the world.
View OriginalReply0
LiquidatedAgainvip
· 10-19 01:44
Infrastructure is gone, and we still have to buy the dip in the spot market, otherwise where would the funds go?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)