“For too long, lawmakers have invested in infrastructure inefficiently, ignored critical needs, and allowed it to deteriorate. As a result, the United States has fallen further and further behind other countries. It is time to give Americans the working, modern infrastructure they deserve.” – President Trump
For those of us that commute to work over crumbling roads and bridges, this news is about 20 years past due.
The 53-page document lays out the plan: To turn $200 billion in federal money into $1.5 trillion for fixing America’s infrastructure by leveraging local and state tax dollars and private investment.
The White House says its plan will create $1.5 trillion for repairing and upgrading America’s infrastructure.
Only $200 billion of that, however, would come from direct federal spending. The rest is supposed to come from state and local governments, which are expected to match any federal allocation by at least a four-to-one ratio. States have gradually assumed more of the responsibility for funding infrastructure in recent years, and the White House says it wants to accelerate that trend.
“What we really want to do is provide opportunities for state and local governments to receive federal funding when they’re doing what’s politically hard, and increasing investment in infrastructure,” DJ Gribbin, Trump’s special assistant for infrastructure, said to the United States Conference of Mayors last month.