Trump Infrastructure Plan Outline Leaked

RR012418 Axios sq

RR012418 axiosJanuary 24, 2018 – Details of President Trump’s plan to revive America’s aging infrastructure system have been leaked to news site Axios. According to the leaked outline, the federal government is only putting up a fraction of the funds that will be used to build and fix projects including highways, bridges and airports. Half of the appropriations will go toward an “infrastructure incentives” program giving federal grants to state, local or private entities. Federal grant awards can cover up to 20 percent of the total cost of the infrastructure plan, said the document, which appears on the Axios site. Federal money will also go toward a so-called “Transformative Projects Program” that finances “exploratory and groundbreaking ideas that have more risk than standard infrastructure projects but offer a larger reward profile.”

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