President Donald Trump on Monday (12/2) disclosed a long-awaited plan to tackle damaged infrastructure, and he met with state and local officials to discuss the program.
The plan will use $ 200 billion federal funds and other $ 1.3 to $ 1.5 trillion state and enterprise investments in a 10-year plan to repair roads, bridges, railways and other infrastructure in America.
In a cuwitan on Twitter, Trump said, This is a great week for infrastructure and after stupidly spending $ 7 trillion dollars in the Middle East, it's time to start investing in our own country! "
Trump told a White House meeting with officials from across the country that US military spending in the Middle East has made things worse than 17 years ago when our military went in there. "
Teta pi he says, the investment returns (from new infrastructure expenditures) to the states will be overwhelming.
"We will build, we will defend it," Trump said. "Our roads are in bad shape, we will build them more modern."
He promised, the permitting process for development will be accelerated "from 10 years to two years or maybe a year. Washington will be your partner. "
See also: Public Support Levels on Trump Rises
A $ 200 billion federal fund in the next ten years will comes from cuts to existing programs, the amount Trump calls "is not a huge amount." Of these, half will be spent on incentive programs to offset state and local government funds. [ps/ii]