Showing posts with label Infrastructure. Show all posts
Showing posts with label Infrastructure. Show all posts

Sunday, February 11, 2018

Trump building plan to ask states for big bucks

The White House's proposal would put $200 billion in new federal funds into the effort, but have states and private investors shoulder a good chunk of the costs.

The administration is expected to present a plan that puts $200 billion in new federal funds into the effort, according to a senior administration official, who briefed reporters over the weekend on condition of anonymity: $100 billion on "incentives" to match state, local, and private investment spending on infrastructure projects and $20 billion for expanding federal loan programs that focus on various kinds of infrastructure (rail, water, transportation).
The administration has pushed for public-private partnerships to spur infrastructure action across the United States, even as NBC News has reported that Trump himself is waffling on the funding idea


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