View Author February 2018
On Monday, the Trump administration released the President’s long-awaited infrastructure proposal, providing further details on the principles the administration has been discussing since the President released his FY 2018 budget proposal last May. As expected, the proposal calls for US$200 billion in direct Federal funding over 10 years for new infrastructure grant programs, increased funding for the Department of Transportation (DOT) and US Department of Agriculture (USDA) loan programs, expanded Private Activity Bonds (PABs) and a Federal capital financing fund. According to the administration, unidentified spending cuts will pay for this new spending.
Read more about the proposed infrastructure plan by clicking the button above. You can also read the administrations complete plan here.