Public Works: The Need Never Ends

摘要

Public-works programs keep the con-struction market going at the federal, state, county, and municipal levels. In February, the Bush administration presented a $2.4 trillion FY2005 budget. This includes winning the war on terrorism, protecting the homeland, and strengthening the economy. Defense spending under the plan will increase by 7 percent and homeland security spending by 10 percent to $28.3 million. The budget calls for $1.2 trillion in tax cuts over the next 10 years, which includes making per-manent the 2001 and 2003 tax cuts beyond their scheduled expiration dates between 2005 and 2011.