Trump Announces $500 Billion-Plus Infrastructure Plan

The Republican nominee for president announced the early sketches of a sweeping infrastructure investment program—touted as at least doubling the program proposed by the Clinton campaign.
August 3, 2016, 8am PDT | James Brasuell | @CasualBrasuell
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"Donald Trump on Tuesday proposed a plan to rebuild U.S. infrastructure that costs 'at least double' the amount that Hillary Clinton has floated, in what would amount to a massive new government program," reports Sahil Kapur.

Kapur compares the proposal announced by Trump to the infrastructure plan proposed by the Hillary Clinton Campaign and also notes the difficulty Trump might find in building support for the plan from within his own party. " The political viability of a massive new infrastructure plan is also doubtful, as Republicans have spent years battling new taxes and government spending," writes Kapur.

Trump made his case for the Fox Business Network, saying he'd pay for the plan with a fund, with money provided by "people" and "investors," as well as "infrastructure bonds from the country, from the United States." Kapur also calls out the vagueness of Trump's funding plans.

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Published on Tuesday, August 2, 2016 in Bloomberg Politics
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