formula-funding
2 articles
- Grid Capacity, Not Tax Incentives, Rations Industrial Geography
Infrastructure allocation predicts industrial geography only when capital is concentrated, project-specific, and backed by durable demand. Grid capacity has become the primary rationing variable.
- The Obligated-Disbursed Gap: Permitting, Not Concrete, Is America's Infrastructure Bottleneck
GAO data shows 76% of IIJA funds obligated but only 54% disbursed. The binding constraint is institutional throughput: engineering, permitting, environmental review, and public-sector delivery capacity.