When a new administration takes office, they often bring change. The current administration is no different. In fact, there may even be more change with this president than with past administrations. We have already seen changes to immigration, regulation, taxes and trade. The trade tariffs on China, as well as Canada, Mexico and Europe, may have ramifications for the infrastructure space, but of bigger note is the possibility of a new infrastructure spending plan proposed by the Trump administration that would potentially change the way the United States finances infrastructure projects from here on out.
The Trump administration announced its infrastructure spending plan in February 2018 during Infrastructure Week. While in the past, U.S. infrastructure spending from the federal government has made up a large portion of investment, President Trump’s plan aimed to shake things up a bit. Working closely with Australian Ambassador Joe Hockey, the administration developed a pl