With projections showing former President Donald Trump has retaken the presidency, the focus for construction observers now turns to the final tally in Congress.
ABC, AGC, ACEC contributions already top totals for the full 2020 election cycle, while labor union spending is steady or slightly up from past elections.
A bill that includes $78 billion worth of tax breaks for businesses–including engineering firms and construction contractors–and an expanded child tax credit has cleared an important hurdle with House approval of the package.