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White House shows how Trump’s $1T infrastructure plan will be divided up

White House shows how Trump’s $1T infrastructure plan will be divided up

The Hill
BY MELANIE ZANONA
06/08/17 05:52 PM EDT

The White House offered new details Thursday about how it plans to divvy up the money in President Trump’s $1 trillion infrastructure package.

Officials have long said that the proposal will inject $200 billion into the country’s infrastructure, but will spur an additional $800 billion in investment through public-private partnerships and regulatory reforms.

In a fact sheet posted online, the White House broke down how those federal dollars will be allocated: $100 billion to let states and local entities prioritize their own infrastructure needs, $25 billion to grants for rural infrastructure projects, and $15 billion to incentivize “transformative” projects.

The summary doesn’t indicate where the rest of the money would go. But a separate fact sheet released earlier in the week identified a fourth category: loans for regionally or nationally significant projects under an existing federal financing program... FULL ARTICLE

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