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Entries in Trump infrastructure plan (11)

Wednesday
May242017

Trump slips infrastructure plan into budget

Politico

May 24, 2017

The Trump administration finally laid out its long-promised vision for a $1 trillion national infrastructure plan Tuesday — with nary a peep of fanfare and the president not even in the country to talk it up.

It arrived as a six-page fact sheet packaged with President Donald Trump’s $4.1 trillion proposed 2018 budget. As expected, it laid out a vision for $200 billion in direct federal spending over the next decade on needs such as roads, bridges, tunnels, railroads and expanded broadband, along with incentives for states, cities and private investors and efforts to reduce the burdens of regulations. 

“The administration’s goal is to seek long-term reform on how infrastructure projects are regulated, funded, delivered and maintained,” Transportation Secretary Elaine Chao told reporters Tuesday. She said the administration expects “to have more details forthcoming,” including a legislative package later this year, but described the concepts handed out.

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Tuesday
May022017

Trump Open to Raising Gas Tax, Says Truckers Back Higher Price for Highways

Transport Topics

May 2, 2017

President Donald Trump said he’s willing to raise the U.S. gas tax to fund infrastructure development and called the tax-overhaul plan he released last week the beginning of negotiations.

“It’s something that I would certainly consider,” Trump said May 1 in an interview with Bloomberg News in the Oval Office, describing the idea as supported by truckers “if we earmarked money toward the highways.”

Trump released a tax plan April 26 that would cut the maximum corporate tax rate to 15% from the current 35%. The same reduced rate would apply to partnerships and other “pass-through” businesses

He said he is willing to lose provisions of his tax plan in negotiations with Congress but refused to specify which parts. He also repeated his call for a “reciprocal tax,” which would be aimed at imposing levies on imports to match the rates that each country charges on U.S. exports.

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Tuesday
Apr112017

Why Trump’s $1 trillion infrastructure plan could wind up in a ditch

Politico

April 11, 2017

President Donald Trump is counting on his $1 trillion infrastructure proposal to produce the kind of bipartisan legislative victory that has eluded him on health care and pretty much everything else.

Instead, he’s running into familiar roadblocks: suspicious Democrats, a divided GOP and questions about the math.

Trump’s plan, expected to be released as early as May, has already faced months of skepticism from some conservative deficit hawks — even though it’s likely to call for far less direct federal spending than its eye-popping price tag implies. Meanwhile, Democrats are crying foul at suggestions that the blueprint will include hefty tax breaks for private investors and a shredding of permit requirements.

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Wednesday
Mar292017

Optimism rising for infrastructure deal

The Hill

March 29, 2017

President Trump’s $1 trillion infrastructure plan is grabbing some of the spotlight in Washington after Republicans’ bruising defeat on healthcare.

The rebuilding package was expected to sit on the sidelines until the fall, but lawmakers on Capitol Hill think that timeline could be accelerated with more room on the legislative agenda and an administration eager to score a victory.

“This just leapfrogged,” Rep. Lou Barletta (R-Pa.), who was on Trump’s transition team, told The Hill. “This is something the president has wanted to do. But with healthcare pushed to the back burner, I believe that it’s infrastructure that gains steam.”

“It moves everything up if you take [healthcare] out,” said Sen. James Inhofe (R-Okla.), chairman of the Environment and Public Works Committee’s subcommittee on transportation and infrastructure.

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Tuesday
Mar282017

Scoop: Trump wants to do tax reform and infrastructure at the same time

Axios

March 28, 2017

The Trump administration is looking at driving tax reform and infrastructure concurrently, according to a White House source with direct knowledge.

It's a major strategic shift - infrastructure was likely going to be parked until next year - and is only possible because of last week's healthcare debacle.

President Trump feels burned by the ultra conservative House Freedom Caucus and is ready to deal with Democrats. Dangling infrastructure spending is an obvious way to buy the support of potentially dozens of Dems, meaning he wouldn't have to bargain with the hardliners.

Bill Shuster, the guy who would steer Trump's infrastructure package through the House, tells me he's optimistic Trump could get it done this year.

"It certainly changes the calculus of the timing with the defeat of healthcare," says Shuster, the chair of the House Transportation and Infrastructure Committee, in an interview in his Capitol Hill office Monday.

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Monday
Mar062017

Chao Tells Conference ‘Time Has Come’ to Rebuild U.S. Transportation Infrastructure

AASHTO Journal

March 6, 2017

U.S. Transportation Secretary, Elaine Chao"The time has come for a new program of national rebuilding," U.S. Transportation Secretary Elaine Chao told leaders of state departments of transportation at an annual Washington, D.C., conference of the American Association of State Highway and Transportation Officials.

In her prepared remarks as posted on a USDOT website, Chao echoed a signature statement issued the night before by President Trump as he said he would ask Congress for a major new infrastructure investment program.

Trump in his Feb. 28 speech to a joint session of Congress highlighted improvements he wants to make in transportation systems. Chao, in her March 1 keynote remarks at the AASHTO "Washington Briefing," told the state agency CEOs that "already, numerous meetings have been held – at the White House and at the Department of Transportation – with key infrastructure stakeholders from all over the country."

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Friday
Feb242017

Trump to map out infrastructure ideas in address to Congress

The Hill

February 24, 2017

President Trump will begin to map out his highly anticipated ideas for repairing U.S. roads, bridges and airports in the coming weeks, White House press secretary Sean Spicer said Thursday.

Spicer said during the daily briefing that infrastructure issues will be addressed in Trump’s joint speech to Congress next week as well as in the budget, which is expected to be released in mid-March. 

“The infrastructure projects and priorities that the president has talked about it, whether it’s air [traffic] control in our airports or roads and bridges, will be something that he’s going to work on with [the Department of Transportation], but also talk about in his budget,” Spicer said. “You’ll see more in his joint address to Congress.”

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Wednesday
Feb222017

Those who spend the most time on the road are pleading to pay more for gas. Here’s why.

Star-Telegram

February 22, 2017

WASHINGTON- As President Donald Trump and lawmakers in both parties roll out massive infrastructure plans, no one seems to be willing to consider the hottest, most vexing piece of that legislative puzzle: raising the federal gasoline tax.

Suddenly, the effort has an important new ally: the nation’s railroads.

Motorists and truckers pay the same 18.4 cents and 24.4 cents a gallon, respectively, they did when Bill Clinton was president from 1993 to 2001. But those pennies don’t buy what they did in 1993.

The tax was enough to pay for the federal share of building and maintaining the nation’s roads, bridges and transit systems. But every year since 2008, when the shortfalls started, lawmakers have punted on higher taxes. Instead, they’ve transferring ever larger amounts of general revenues into the Highway Trust Fund to keep it running.

As of last year, Congress had poured $143 billion into the fund’s depleted coffers since the shortfalls began.

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