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Tolls, private financing obstacles to Trump's $1 trillion infrastructure plan

Tolls, private financing obstacles to Trump's $1 trillion infrastructure plan

Shelbyville Daily Union
Kery Murakami CNHI Washington Bureau
Jun 12, 2017     

WASHINGTON – President Donald Trump’s grand plan to spend $1 trillion over the next 10 years on highways and other infrastructure improvements faces a formidable roadblock in Congress and state legislatures.

There’s agreement the investment is badly needed to improve the nation’s sagging infrastructure but how to cover the huge expense is the point of tension.

Trump would use $200 billion in public funds to generate $800 billion in private money under a partnership program that would finance government bonds and also return a profit to private companies through interstate tolls and other user fees... FULL ARTICLE

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