Wednesday, U.S. Transportation Secretary Pete Buttigieg announced $1.8 billion in awards from the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) discretionary grant program for 148 projects across the country.
"After decades of under-investment, the condition of America's infrastructure is now finally getting better instead of worse - and today we proudly announce our support for 148 more projects in communities of every size across the country," said U.S. Transportation Secretary Pete Buttigieg. "Through President Biden's Bipartisan Infrastructure Law, we're funding projects across the country to make roads safer, make it easier for people to move around their community, make transportation infrastructure more resilient to extreme weather, and improve supply chains to keep costs down for consumers."
For comments and feedback contact: editorial@rttnews.com
Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.