Trump Nixes Public-Private Partnerships for $1 Trillion Infrastructure Plan
President Trump reportedly made a statement against public-private partnerships while in a meeting with Democrats from the House Ways and Means Committee.
"At the meeting Tuesday, [Rep. Brian Higgins (D-N.Y.)] said Trump indicated the administration instead would seek to pay for infrastructure upgrades through direct federal spending — either by paying for projects with new tax revenue or taking on debt," according to Newmyer and Paletta.
The article includes the backstory of the Trump Infrastructure plan, which evolved from a $500 billion proposal to tax credit scheme to stimulate public-private partnerships that has yet to take official shape. If any new plan is financed by the federal government, it will likely fall short of the $1 trillion figure.
Topics
- Infographic: Space Allocation by Population in 15 U.S. Cities
- A Tipping Point in the Geography of the Creative Class?
- What Made It Possible for Oregon to End Single-Family Zoning?
- Master-Planned Cities in the Spotlight
- Op-Ed: Lakewood's Growth Cap Is 'Climate Arson'
- SUVs Kill Pedestrians—and They Have for a Long Time
- Study: Not All Gentrification Effects Are Equal
- Does the Plan to Revitalize a D.C. Canal Too Much Resemble the High Line?
- Research: Transit Times Determine Social Networks
- No Quick Fixes for L.A.’s Transit Ridership Woes
- Opinion: Here’s Hoping the New BART Inspector General Can Help Get the Agency Back on Track
- No More 'Manholes' in Berkeley
- U.S. Economic Growth Shows Urban-Rural Divide
- MTA's On-Time Performance in April the Best in Five Years
- A Climate Change Preview Underway in Michigan
- The Great O'Hare Race (And its Discontents)
- Gentrification Enters Preservation Debate Surrounding NYC's Strand Bookstore
- Connect Transit in Bloomington-Normal, Illinois is Growing Ridership
- Toronto Could Give Buses and Streetcars Priority
- More EV Charging Coming to San Francisco Private and Public Parking Facilities
