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Investing.com -- The Army Corps of Engineers is pausing over $11 billion in "lower-priority projects" and considering them for cancellation due to the ongoing government shutdown, according to Office of Management and Budget Director Russ Vought.
In a post on X, Vought stated that "The Democrat shutdown has drained the Army Corps of Engineers’ ability to manage billions of dollars in projects." He indicated that affected projects include those in New York, San Francisco, Boston, and Baltimore.
Vought noted that more information would be forthcoming from the Army Corps of Engineers regarding the paused projects.
The U.S. government shutdown began on October 1, and there is currently no clear timeline for when the government will reopen and resume normal operations.
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