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Economy

Biden injects $27bn into America's ailing bridges

$1tn infrastructure law opens money spigot for badly needed upgrades

U.S. Transportation Secretary Pete Buttigieg tours a bridge in need of repair in Memphis, Tennessee, on June 3, 2021. (Photo courtesy of the U.S. Department of Transportation)

NEW YORK -- U.S. President Joe Biden announced Friday plans to throw a $27 billion lifeline to bridges across America over the next five years in the biggest investment of its kind since the creation of the interstate highway system in the 1950s.

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