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Mulvaney says White House budget will include $200 billion for infrastructure

Mulvaney says White House budget will include $200 billion for infrastructure

Market Watch
By Greg Robb
Published: Apr 20, 2017 5:39 p.m. ET

President Trump's budget director Mick Mulvaney said Thursday the administration plans to include $200 billion for new infrastructure spending in its full fiscal year 2018 budget. In a moderated discussion at the Institute of International Finance conference, Mulvaney said this is all the money needed to fund $1 trillion in projects, as Trump has loosely pledged, if leveraged properly. "The president wants $1 trillion worth of work on the ground and we expect to give it to him," Mulvaney said. There will not be any specific votes on infrastructure spending until the fall, he said.

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