After more than a year of promises, President Trump finally released his infrastructure plan and it wasn’t worth the wait. Although it claims to be a $200 billion plan, cuts to current funding for programs like New Starts and Amtrak decrease overall infrastructure spending.
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The plan shifts more of the funding burden to states and communities, undermines environmental regulations and reduces necessary oversight by dramatically speeding up the permitting process. 1 detail the plan neglects is perhaps the most important, where's the money coming from?
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Trump’s plan requires the $200 billion to be offset but doesn’t specify what should be cut to do it. It's also being sold as a $1.5 trillion plan but it really isn’t. That number assumes over $1 trillion in nonfederal infrastructure spending will suddenly materialize. It won’t.
12:34 PM - 12 Feb 2018
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