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White House wants to help states, cities offload infrastructure

White House wants to help states, cities offload infrastructure

Reuters.com
AUGUST 30, 2017 / 6:01 PM
David Shepardson

WASHINGTON (Reuters) - U.S. President Donald Trump’s administration told state and local officials on Wednesday that it will use its infrastructure plan to create incentives for the private sector to finance or take over public entities like bridges, tunnels and highways.

Transportation Secretary Elaine Chao and White House budget director Mick Mulvaney told about 150 transportation officials at the White House the administration wants the private sector to play a bigger role in managing and financing public infrastructure.

Mulvaney said the administration wants to give states and cities “incentives to move stuff you might own off of your books and into the private sector.” FULL ARTICLE

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