Trump Infrastructure Plan Articulates Four Core Principles for Public-Private Investment
Published29th, May 2017
BROADBAND BREAKFAST INSIGHT: There is an important linkage between the growing discussion about public-private partnerships in broadband, and the call for greater infrastructure investment by the Trump administration. The four key principles discussed by Trump are (1) targeted federal investments, encourage self-help by local government, re-align agencies providing infrastructure investment, and (4) leveraging the private sector.||
Trump slips infrastructure plan into budget. Tuesday’s rollout was a muted affair after months of buildup as a bipartisan game-changer, from Politico:
The Trump administration finally laid out its long-promised vision for a $1 trillion national infrastructure plan Tuesday — with nary a peep of fanfare and the president not even in the country to talk it up. It arrived as a six-page fact sheet1 packaged with President Donald Trump’s $4.1 trillion proposed 2018 budget2. As expected, it laid out a vision for $200 billion in direct federal spending over the next decade on needs such as roads, bridges, tunnels, railroads and expanded broadband, along with incentives for states, cities and private investors and efforts to reduce the burdens of regulations.
“The administration’s goal is to seek long-term reform on how infrastructure projects are regulated, funded, delivered and maintained,” Transportation Secretary Elaine Chao told reporters Tuesday.
She said the administration expects “to have more details forthcoming,” including a legislative package later this year, but described the concepts handed out Tuesday as “the main key principles.”