Construction News Headlines for April 18, 2011

Half of Cuts in Federal Budget Compromise Come from Construction
The federal budget resolution President Obama signed last week represents nearly a $40 billion dollar cut in non-defense discretionary spending for the remainder of fiscal-year 2011 (ending September 30). More than half of those cuts derive from construction spending. But not all of the construction cuts will have the apparent impact on the industry. For example, the Federal Highway Administration funding cut rescinds

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