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Federal investment, support for economic-development efforts may change under Trump


Published on 2024-12-16 18:22:16 - The Business Journals
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  • Billions in grants, subsidies and other incentives have been passed as part of sweeping federal measures in recent years.

The article from the Houston Business Journal discusses the economic development strategies under the Trump administration, focusing on how federal spending and grants have been utilized to stimulate economic growth. It highlights the significant increase in infrastructure spending, with a particular emphasis on projects that support energy, transportation, and manufacturing sectors. The piece also covers the administration's approach to reducing regulations to foster business growth, the allocation of Opportunity Zone incentives aimed at revitalizing distressed communities, and the impact of these policies on local economies. Additionally, it mentions the mixed reactions from local business leaders and economic analysts regarding the effectiveness and long-term benefits of these initiatives.

Read the Full The Business Journals Article at:
[ https://www.bizjournals.com/houston/news/2024/12/16/economic-development-trump-spending-grants.html ]