Trump’s $1.5 Trillion Infrastructure Plan Is Light on Federal Funds, and Details - News Summed Up

Trump’s $1.5 Trillion Infrastructure Plan Is Light on Federal Funds, and Details


Senate Democrats called last year for a $1 trillion infrastructure program, financed by closing tax loopholes. They seemed unimpressed by the latest details of Mr. Trump’s plan. An ambitious infrastructure program has been a frequent theme of Mr. Trump’s economic agenda since he took office. Several Senate Democrats and their aides noted that the administration appeared to be rejecting their longstanding call for much more federal spending. White House officials did not rule out an alternative funding mechanism proposed by Congress, including a possible gas tax increase.


Source: New York Times February 01, 2018 01:07 UTC



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