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Friday, Dec. 13
The Indiana Daily Student

politics national

White House releases infrastructure proposal

US NEWS TRUMP-TRADE 23 ABA

The White House released an outline for national infrastructure funding Monday morning.

The proposal commits $200 billion in federal funding for infrastructure over 10 years, but expects state, local and tribal governments and private entities to account for the other part of the $1.5 trillion President Trump promised.

Half of the $200 billion will go toward stimulating the growth of the $1.3 trillion portion the White House said would be created. $20 billion from the other half will go toward funding innovative infrastructure projects, another $20 billion will go toward infrastructural financing and $10 billion would go toward reducing "inefficient leasing of Federal real property which would be more cost-effective to purchase," according to the White House.

The left over $50 billion will go toward improving rural infrastructure. 

The plan expects approximately 87 percent of the funding to be produced by non-federal entities, but it is still unclear how exactly the White House thinks this funding will be generated.

Jesse Naranjo

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