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Yo_Mama_Been_Loggin

(108,023 posts)
Fri Jan 26, 2018, 06:59 PM Jan 2018

Potholes ahead for Trumps upcoming public works proposal

He is relying on state and local governments to pony up a significant share of the total.

WASHINGTON — The Trump administration will soon release its long-anticipated public works plan, trying to fulfill a campaign pledge but set to fall short of some ambitious goals.

As a candidate, Donald Trump promised to generate at least $1 trillion in infrastructure spending. As president, he is relying on state and local governments to pony up a significant share of the total.

Trump told mayors at the White House this week that he would present his proposal after Tuesday’s State of the Union address.

“We’re also working to rebuild our crumbling infrastructure by stimulating a $1 trillion investment, and that’ll actually probably end up being about $1.7 trillion,” Trump said.

Officials said Washington’s commitment will be far smaller — and the benefits contingent in large part on state and local support.

The administration’s plan calls for $200 billion in federal spending over 10 years, according to a six-page summary reviewed by The Associated Press.

-snip-

States, local governments and other project sponsors could use the grants for no more than 20 percent of the cost. That’s consistent with comments from administration officials that they want to use federal dollars as incentives, and that most of rest of the money would come from other sources.

http://www.heraldnet.com/business/potholes-ahead-for-trumps-upcoming-public-works-proposal/?utm_source=DAILY+HERALD&utm_campaign=03e71de617-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_d81d073bb4-03e71de617-228635337

So any other words he wants the states to pony up the money so he can take credit for the improvements.

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