President Trump on Monday will unveil a $1.5 trillion infrastructure plan targeted to fulfill many of his campaign promises, especially one: America First.
“This will be a big week for Infrastructure,” Trump tweeted Monday morning. “After so stupidly spending $7 trillion in the Middle East, it is now time to start investing in OUR Country!”
This will be a big week for Infrastructure. After so stupidly spending $7 trillion in the Middle East, it is now time to start investing in OUR Country!
— Donald J. Trump (@realDonaldTrump) February 12, 2018
During the 2016 presidential campaign, Trump pledged to tackle America’s crumbling roads and bridges as well as to help fix transit systems and airports. In his first State of the Union address last month, Trump said, “Every federal dollar should be leveraged by partnering with state and local governments and — where appropriate — tapping into private sector investment to permanently fix the infrastructure deficit.” – READ MORE
[give_form id=”79809″] [divider][/divider]President Trump is calling to pump $1.5 trillion into fixing America’s infrastructure while streamlining the often-cumbersome permitting process, as part of a $4 trillion-plus budget plan unveiled Monday.
“Washington will no longer be a roadblock to progress. Washington will now be your partner,” Trump said at a meeting with state and local officials at the White House.
This will be a big week for Infrastructure. After so stupidly spending $7 trillion in the Middle East, it is now time to start investing in OUR Country!
— Donald J. Trump (@realDonaldTrump) February 12, 2018
Unlike last year’s plan, the fiscal 2019 blueprint does not seek to balance the budget over the next decade. Combined with a newly passed spending deal and sweeping tax cuts, the budget would see the federal deficit once again rising past $1 trillion in the near-term.
Under the plan, $200 billion of the $1.5 trillion in proposed spending would be federal dollars, which a senior administration official said would come from “reductions in other areas of the budget.” The plan calls on state and local governments and the private sector to put up most of the funding. The federal funding would be used to match local spending, provide “incentives” and expand loan programs.
The plan also would boost investment for projects in rural America — including transportation, broadband, water, waste, power, flood management and ports — by $50 billion in a bid to address criticism from some Republican senators that the Trump administration’s initial emphasis on public-private partnerships would do little to help those areas. – READ MORE
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