North America: Trump to release infrastructure plan next Monday

06 February 2018 - 12:00 am UTC

President Donald Trump will release his infrastructure plan next Monday (12 February), according to a White House official.

The official, who did not want to be identified, said the president will “release his infrastructure principles, which will outline a plan that will generate at least USD 1.5tn of investment, cut the burdensome regulatory process from 10 years to two, and provide funding for projects in rural America.”

Trump, in his State of the Union speech on 30 January, provided little detail on the plan, but said one of the goals of the plan is to “tap into private investment to fix infrastructure.”

During his presidential campaign, Trump said he wanted to introduce an infrastructure plan in his first 100 days in office, but health care and tax reform legislation pushed infrastructure to the sidelines.

One potential snag could be a government shutdown, as a short-term spending bill to fund the government expires on Thursday midnight (8 February).  

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