Record $21 Billion of Water Bonds Sold as Utilities Brace for Trump Budget Cuts
2026-06-18 17:15:45
US water utilities sold a record $21 billion of bonds as they move to upgrade aging pipes and comply with tougher regulations. In the face of potential federal funding cuts under US President Donald Trump’s budget plans, according to Bloomberg, utilities are accelerating borrowing to help finance needed infrastructure work.
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