White House Releases Infrastructure Plan That Includes $200 Billion In New Federal Spending
The White House released a 53-page infrastructure plan on Monday, February 12. The outline calls for an additional $200 billion in federal funding over the next decade, half of which will go to local and state governments in the form of grants. One-quarter of the federal spending, $50 billion, will be set aside for programs in rural areas; $20 billion will go toward projects for new infrastructure; $20 billion will be set aside for loans; and $10 billion will fund federal government office building projects.
Read the full plan here. A fact sheet is available on the White House’s website.
Connecting the Dots will include a longer explanation of the infrastructure plan, and President Donald Trump’s fiscal year 2019 budget outline that also was released on Monday, in next week’s edition.