Trump's Infrastructure Plan Is Finally Public
The hints, leaks, and more hints about the contents of the Trump Administration's long-promised infrastructure plan, which will be pitched in some headlines as a $1.5 trillion spending plan, finally bears fruit today.
According to multiple sources briefed by the White House yesterday, the Trump Administration is releasing a $1.5 trillion plan that relies mostly on states and local agencies to cover that large sum.
"The plan calls for investing $200 billion in federal money over the coming decade to entice other levels of government and the private sector to raise their spending on infrastructure by more than $1 trillion to hit the administration’s goal of $1.5 trillion in new funding over 10 years," report John Wagner and Heather Long.
The article also reveals two more pithy details: the Trump Administration "is open to a new source of funding to cover the federal share," including raising the federal gas tax. On a non-funding related matter, the plan "also seeks to dramatically reduce the time required to obtain environmental permits for [infrastructure] projects."
An article on The Hill released the full text of the infrastructure plan early Monday morning.
For additional coverage of the infrastructure plan, reported after a White House briefing with reporters on Sunday, see articles in the New York Times and NPR. Bloomberg also picked up the news today.