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Trump To Unveil $1.5 Trillion Infrastructure Plan Days After Signing Massive Budget

12 February 2018

President Trump will outline some of these principles in a meeting with mayors and other state and local leaders at the White House Monday.

Trump's proposal is built on top of existing construction programs with an eye toward encouraging greater local investment, according to senior administration officials.

Details of the plan have been circulating in Washington for weeks, and Democrats in Congress have already released an alternative infrastructure plan that calls for $1 trillion in federal spending, or five times what the Trump administration is proposing.

New Jersey and NY politicians met with Trump in September to pitch him on the Gateway plan but didn't secure a funding guarantee. That stood in contrast to the federal government, where highway funds were flush in the 1990s but are scarce now.

The budget request will be delivered to Congress only days after Trump signed off on a bipartisan spending agreement hammered out by lawmakers that will increase domestic spending by $300 billion over two years - including $165 billion in defense spending and $131 billion in non-military domestic spending.

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"The process we have in the USA just takes way too long", the official said. "It's focused more on litigation and building up massive documents".

The plan is structured around four goals: generate $1.5 trillion for an infrastructure proposal, streamline the permitting process down to two years, invest in rural infrastructure projects and advance workforce training, reports The Hill magazine. That one agency would work with the other federal regulators to reach a single permitting decision within 21 months, and permitting would begin within three months afterward.

Senior White House officials and President Trump are expected to tour the country to explain and advocate for their plan.

The administration of US President Donald Trump has released a summary of its budget proposal to Congress. Signatories included the National Governors Association, the U.S. Conference of Mayors, the National League of Cities, the National Conference of State Legislatures and the American Association of State Highway and Transportation Officials. The remaining 86% of costs is evenly split between state and local governments and the private sector.

"This fake proposal will not address the serious infrastructure needs facing this country, so our potholed roads will get worse, our bridges and transit systems will become more risky, and our tolls will become higher", Rep. Peter DeFazio of OR, the top Democrat on the Transportation and Infrastructure Committee, said in a Saturday radio address.

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The administration also adds, it wants to shorten the time and expense of getting federal permits.

"What we're doing is saying, 'Look, you don't have to spend all of [this] money". Projects would go beyond roadways to upgrading rural broadband access as well.

The document, which the White House has declined to comment on, proposed providing grants to state and local governments to encourage infrastructure investment.

So, for example, if a state has a project or need identified and can come up with 80 or 90 percent of the funding for it through increased state or local taxes, like the gas tax, or with user fees like tolls, then under this plan, the federal government would kick in the rest. He will head to the Orlando, Florida, area on Friday to tout the plan, officials said. Twenty billion will go towards expanding loan programs and private activity bonds. Another $20 billion will go to "transformative programs", or infrastructure projects rooted in promoting new or innovative ideas.

⦁ Another $20 billion for what the called "transformative programs" for visionary projects that prepare the USA for the future.

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Trump To Unveil $1.5 Trillion Infrastructure Plan Days After Signing Massive Budget