A recent report by the American Society of Civil Engineers highlighted the positive impact of increased federal spending on U.S. infrastructure, resulting in improved ports, roads, parks, and public transit. However, the report warned that progress could stall if investments are not sustained, with a projected $3.7 trillion funding shortfall over the next decade. Despite receiving a mediocre C grade overall, infrastructure showed improvement in nearly half of the 18 categories tracked, with ports and rail leading the way. The report emphasized the need for continued investment in infrastructure to support economic growth and create American jobs.
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Worried About Social Security Cuts? 3 Things to Do Now if You're Already Retired.
Despite longstanding rumors about Social Security's potential bankruptcy, the program is not at risk of running out of money, as it is primarily funded by payroll taxes. As long as individuals continue to work and contribute, Social Security can maintain benefit payments in some capacity. Want More Context? 🔎
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