TRUMP’S $1.5 TRILLION PLAN
PRESIDENT DONALD TRUMP IS ALL SET TO UNVEIL HIS LONG-AWAITED INFRASTRUCTURE PLAN, A $1.5 TRILLION PROPOSAL THAT FULFILLS A NUMBER OF CAMPAIGN GOALS.
$200 billion
in federal money to leverage local and state tax dollars to fix America’s infrastructure, such as roads, highways, ports and airports.
Half the money
would go to grants for transportation, water, flood control, cleanup at some of the country’s most polluted sites and other projects.
STATES, LOCAL
governments and other project sponsors could use the grants — which administration officials view as incentives — for no more than 20 per cent of the cost.
MR TRUMP
has repeatedly blamed the “crumbling” state of the nation’s roads and highways for preventing the American economy from reaching its full potential.
$50 billion
Would go toward rural projects — transportation, broadband, water, waste, power, flood management and ports.