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Jack Salmon: $22 billion of $34 billion grants went to projects announced before law

Jack Salmon: $22 billion of $34 billion grants went to projects announced before law
$22 billion grants for earlier projects

$22 billion out of approximately $34 billion in grants were allocated to projects that had been announced before the relevant law was signed. Seven of the ten largest grants also went to such pre-existing projects.

Jack Salmon provided these figures, indicating the proportion of total grants awarded to projects announced prior to the law’s enactment.

Jack Salmon has previously analyzed headline inflation trends. He noted that the Iran War's contribution to inflation shifted from 0.9 to about 1.1 percentage points, as reported in a recent update. Salmon’s figures regularly provide context on the fiscal impact of current events.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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