White House To Unveil Infrastructure Plan Come January 2018
According to White House Officials, President Trump is expected to unveil his infrastructure plan shortly after Republicans pass a tax reform bill, which the GOP hopes to have completed before the end of the year. Though specifics of the program are not yet known, the administration supposedly has developed a 70-page document that would serve as the guiding policy for the infrastructure legislation come January.
D.J. Gribbin, the president’s adviser on infrastructure previewed a few details with an audience at the Hudson Institute on Dec. 12 affirming that states will be asked to invest heavily in projects of regional significance. Meaning if a state or local elected official would be willing to create a new revenue stream for infrastructure, the federal government, in turn, would partner with them in doing that. Gribbin also mentioned that the plan would accelerate the permitting process of construction projects and would pave the way for more toll roads.
The administrations’ 70-page document reportedly breaks down a 10-year, $200 billion plan meant to spark $800 billion in private sector investments. Federal dollars are expected to be put towards the nation’s roads and bridges, with a goal of generating the hundreds of billions more from local governments and private investors for U.S. road, rail, water and utility work.