As details of the president’s proposed budget were released this week, many lawmakers and infrastructure investment proponents realized that the promises made in the Trump campaign for a $1 trillion investment may not come to be realized in the Trump presidency.
As The Washington Post reports, the president’s budget includes $200 billion in new federal spending on infrastructure, with the administration’s plan being that this initial investment will generate more spending by the private sector and the states.
However, the same budget calls for $206 billion in cuts to existing infrastructure programs.
The Post cites the disappointment of lawmakers:
“At best, this is just moving money around,” said Rep. John K. Delaney (D-Md.), who has spent four years pushing legislation that calls for additional infrastructure spending. “I think for every Democrat who looked at the Trump administration like I did, and hoped we could find common ground, this is a real punch in the gut.”
Senate Minority Leader Charles E. Schumer (D-N.Y.), whose office released an analysis citing $206 billion in proposed cuts to existing programs, took to the Senate floor on Wednesday, declaring that “President Trump’s campaign promises on infrastructure are crumbling faster than our roads and bridges.”
You can read the full article HERE. The Trump administration also released a six-page fact sheet with more details on its proposed infrastructure spending plan. You can READ and DOWNLOAD that fact sheet HERE.