CAGTC Members,
Yesterday, the White House released a fact sheet titled “President Trump’s Plan to Rebuild America’s Infrastructure.” While we have known since the release of President Trump’s fiscal year 2018 budget request that the Administration would like any infrastructure initiative to include $200 billion in federal funds to leverage a total of $1 trillion in investments, this fact sheet provides more details as to where those federal funds will be allocated, including:
- $25 billion for rural infrastructure
- $15 billion for transformative projects to reshape America’s approach to infrastructure
- $100 billion for local prioritization of infrastructure needs
The Administration is also seeking to reduce the average length of permitting process time by eight years (from 10 years to 2 years) and to focus on work-force training resulting in 1 million apprentices in two years.
Best,
Katie Cross
Manager, Member Communications & Policy
Coalition for America’s Gateways and Trade Corridors
1444 Eye St N.W.
Suite 1100
Washington, DC 20005
(202) 828-9100
tradecorridors.org