Trump’s Infrastructure plan details to be disclose

The US administration is working out the details of its investment plan towards America’s weakening infrastructure on Monday, aiming to increase up to  US$1.5 trillion. The budget of the president is worth US$200 billion which will be issued today, this will be allocated to projects in reconstructing bridges, roads, and other high-priority infrastructures, as mentioned by Senior White House officials. Included in the proposal is the provision of US$1.3 trillion by the states and private investors.

The American leader emphasized his accomplishments in construction and even made a core campaign pledge in improving US infrastructure, proposed a US$1.5 trillion plan during his State of the Union speech in January. The administration is expected to build the content plan on Monday, including the details for reducing the period of the two-year permitting procedure. According to senior government officials, the current infrastructure system is completely damaged and presently under-investing the system, which caused slow permitting process despite sufficient funds to establish a crucial infrastructure.

It was already given to the Congress to review the proposition while D. Trump will meet with the lawmakers from both parties at the White House on February 14th to discuss his case. The president is expected to come up with extreme interrogation regarding the project to be funded and if there will be some money alloted to “climate-proofing’. As the Trump administration doubted the global warming issue and believes it was a hoax.

Moreover, fiscal hawks will ask the source of the money on the back of the expected deficit explosion due to tax expenditure and Congress's spending deal. Based on the estimate of the Committee for a Responsible Federal Budget, the plan leverage up the deficit by  US$420 billion after a decade. The administration answered that the funding will come from the tax reduction from other programs to be penciled out in the budget proposal. On the other hand, White House officials deemed the proposal will only deliver the opening salvo with the Congress.

Experts predicted that air traffic systems, rails and roads in poor condition will cost the American economy a fortune. Civil engineer Henry Petroski spoke that traffic congestions cost the US to US$120 billion annually.