Inside Germany's Massive Spending Spree | Business Beyond

Oct 31, 2025 | After years of economic stagnation, Germany is investing hundreds of billions of euros into modernizing its infrastructure and promoting climate-friendly technology. The huge spending reverses a long period of frugality, in which the country was limited by strict borrowing rules, enshrined in the constitution. Now Chancellor Friedrich Merz is loosening the country`s purse strings and promising swift changes. Can this policy u-turn transform Germany`s economic fortunes and what will it take to turn all this money into growth?

$1 Trillion Infrastructure Deal Scales Senate Hurdle with Bipartisan Vote

Senator Mitt Romney of Utah and other Republicans who negotiated the deal urged their colleagues to support a measure they said would provide badly needed funding for infrastructure projects. | T.J. Kirkpatrick for The New York Times
THE NEW YORK TIMES: The vote was a breakthrough after weeks of wrangling among White House officials and senators in both parties, clearing the way for action on a top priority for President Biden.

WASHINGTON — The Senate voted on Wednesday to take up a $1 trillion bipartisan infrastructure bill that would make far-reaching investments in the nation’s public works system, as Republicans joined Democrats in clearing the way for action on a crucial piece of President Biden’s agenda.

The 67-to-32 vote, which included 17 Republicans in favor, came just hours after centrist senators in both parties and the White House reached a long-sought compromise on the bill, which would provide about $550 billion in new federal money for roads, bridges, rail, transit, water and other physical infrastructure programs.

Among those in support of moving forward was Senator Mitch McConnell of Kentucky, the Republican leader and a longtime foil of major legislation pushed by Democratic presidents. Mr. McConnell’s backing signaled that his party was — at least for now — open to teaming with Democrats to enact the plan. » | Emily Cochrane and Jim Tankersley | Wednesday, July 28, 2021

A Look at What the Bipartisan Infrastructure Deal Would Do »

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