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Trump infrastructure plan details expected in mid-February: source
Source: Reuters
#POLITICS JANUARY 29, 2018 / 5:35 PM / UPDATED AN HOUR AGO
Trump infrastructure plan details expected in mid-February: source
David Shepardson
3 MIN READ
WASHINGTON (Reuters) - U.S. President Donald Trump will outline his much-anticipated infrastructure plan in his State of the Union speech on Tuesday, but details will not be unveiled until mid-February, an administration official briefed on the plan said on Monday.
The Trump administration’s $200 billion infrastructure plan will leverage new federal money to try and boost overall investment over the next 10 years.
The Republican president disclosed last week the proposal “will actually probably end up being about $1.7 trillion.” That is up from the initial Trump promise that a mix of federal and local investment would result in at least $1 trillion in infrastructure spending.
A White House spokeswoman declined to comment Monday on the timing of the infrastructure proposal. On Friday, White House official D.J. Gribbin confirmed in remarks to mayors the administration will not seek new revenue to pay for infrastructure, but rather seek to pay for it with spending cuts. He said a proposal was expected a week or two after the State of the Union.
-snip-
Trump infrastructure plan details expected in mid-February: source
David Shepardson
3 MIN READ
WASHINGTON (Reuters) - U.S. President Donald Trump will outline his much-anticipated infrastructure plan in his State of the Union speech on Tuesday, but details will not be unveiled until mid-February, an administration official briefed on the plan said on Monday.
The Trump administration’s $200 billion infrastructure plan will leverage new federal money to try and boost overall investment over the next 10 years.
The Republican president disclosed last week the proposal “will actually probably end up being about $1.7 trillion.” That is up from the initial Trump promise that a mix of federal and local investment would result in at least $1 trillion in infrastructure spending.
A White House spokeswoman declined to comment Monday on the timing of the infrastructure proposal. On Friday, White House official D.J. Gribbin confirmed in remarks to mayors the administration will not seek new revenue to pay for infrastructure, but rather seek to pay for it with spending cuts. He said a proposal was expected a week or two after the State of the Union.
-snip-
Read more: https://www.reuters.com/article/us-usa-trump-infrastructure/trump-infrastructure-plan-details-expected-in-mid-february-source-idUSKBN1FI2RJ
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