A Better Way to Promote Private Investment in American Infrastructure

After much anticipation, the Trump administration has finally unveiled its infrastructure plan. The plan aims to raise $1.5 trillion for repairing and upgrading America’s infrastructure (including roads, bridges, rail networks, water works, broadband, etc.). It allocates $200 billion of federal government funds to do it, encouraging states, localities and the private sector to raise the rest. This plan uniquely highlights that the burden of funding and R&D does not have to fall solely on the shoulders of the federal taxpayer.

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Source: The Fiscal Times

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