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President Trump retools infrastructure plan
Investors - FEBRUARY 21, 2020

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President Trump retools infrastructure plan

by Andrea Zander

President Donald Trump has created a new $1 trillion infrastructure plan that will rely fully on federal spending, which is a change to his 2016 infrastructure plan. The White House unveiled the framework for the massive plan on Feb. 10, along with the president’s fiscal year 2021 budget request. [View the White House fact sheet about infrastructure proposal here.]

As part of a proposed $1 trillion infrastructure investment, the budget suggests an $810 billion, 10-year surface transportation reauthorization, which provides funding for roads, bridges, rails, public transit and transportation safety programs and is set to expire at the end of September.

White House budget documents show that Trump’s plan lacks revenue sources for almost half the $1 trillion amount — about $450 billion proposed for roads and bridges, public transit, rails, ports, pipelines, dams,

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