Arab News

Trump to hit the road for a jobs-focused reset in tough week

Eyes modernizat­ion of infrastruc­ture

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The infrastruc­ture push will offer some fresh ideas for the White House and lawmakers alike to discuss.

“It does not matter who you are — whether you are a farmer in the Midwest or a mother driving your kids to and from school, or work, or a college kid flying back and forth to school — you are affected by infrastruc­ture,” Gary Cohn, Trump’s chief economic adviser, told reporters during a preview of the events.

On Monday, Trump will propose privatizin­g the air traffic control system, calling on lawmakers to hive it off from the Federal Aviation Administra­tion (FAA).

Trump will make remarks in the Rose Garden and explain how the plan will save travelers time and save fuel costs for airlines, Cohn said.

On Wednesday, Trump will travel to the banks of the Ohio River to talk about improvemen­ts to the 12,000 miles (19,300 km) of inland waterways, dams, locks and ports critical for shipping farm products, and will deliver a speech about his vision for infrastruc­ture, Cohn said.

He will huddle with a bipartisan group of governors and mayors at the White House on Thursday to discuss their needs and plans, Cohn said. Most U.S. infrastruc­ture is owned by state and local government­s.

Trump will wrap up his push on Friday with a visit to the Department of Transporta­tion to discuss regulatory reform for roads and rail, Cohn said.

Trump last month asked Congress for $200 billion for infrastruc­ture over 10 years, a plan that would encourage state and local government­s to lease assets to the private sector to generate funding for other projects.

Some projects in rural areas may need traditiona­l federal grants, an administra­tion official told reporters but most funds will be used to try to attract and lever- age outside spending.

His administra­tion has said it wants states to expand the use of tolling on interstate highways.

The White House does not plan to release its own infrastruc­ture bill, and officials told reporters the timing for legislatio­n is not set.

On the air traffic control overhaul, Trump plans to share the “principles” he supports, but will leave the drafting of legislatio­n to lawmakers, officials told reporters.

Trump has said in the past that he would consider packaging infrastruc­ture with healthcare or tax reform legislatio­n as an incentive to obtain support from lawmakers.

The infrastruc­ture plan has already attracted some privatesec­tor interest. Last month, US private equity firm Blackstone Group LP and Saudi Arabia’s main sovereign wealth fund said they planned to create a $40 billion vehicle to invest in infrastruc­ture projects, mainly in the US.

 ??  ?? US President Donald Trump last month asked Congress for $200 billion for infrastruc­ture over 10 years, a plan that would encourage state and local government­s to lease assets to the private sector to generate funding for other projects. (Reuters)
US President Donald Trump last month asked Congress for $200 billion for infrastruc­ture over 10 years, a plan that would encourage state and local government­s to lease assets to the private sector to generate funding for other projects. (Reuters)

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