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Expectations Trump's "big statement on infrastructure" will rely on private cash

Lee Baker
28 February 2017
 

President Trump has promised "a big statement on infrastructure" during his speech to Congress tonight amid reports that despite a campaign promise to invest $1 trillion in infrastructure he would delay unveiling proposals until next year.

Trump said yesterday he would press ahead given the U.S "spends $6 trillion in the Middle East and we have potholes all over our highways". His critics in the liberal media had urged him to overcome opposition to a stimulus from the Republican-controlled Congress and the Senate and make good on his promises to "restore the country's crumbling bridges, potholed roads and rust-bucket trains". Trump said that a friend in the trucking business complained that his lorries were "destroyed" by the nation's roads and action had to be taken. 

Libertarian-minded commentators said that Trump's reported plans entail getting the private sector to pay for infrastructure by offering $137bn in tax credits to investors and should therefore be backed by Republican critics of 'big government'.

 

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