Trump to Pitch His Infrastructure Spending Package to Lawmakers

President Donald Trump will pitch his infrastructure plan to a dozen Republican and Democratic lawmakers at a White House meeting Wednesday. Trump is seeking to revamp how projects are approved and funded by reducing permitting time to two years and allocating $200 billion over 10 years — mostly as incentives to spur states, localities and the private sector to spend at least $1.3 trillion. The administration released its 53-page plan Monday as a blueprint for Congress to draft legislation. John Thune, chairman of the Senate Commerce, Science and Transportation Committee, told reporters Tuesday Trump’s plan is “a good starting point.”

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Source: Bloomberg Politics

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