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When President Trump unveils his budget on May 23, it is estimated to include a $200 billion investment in infrastructure spending over 10 years – part of a larger $1 trillion plan – according to a recent report from Bloomberg.

“The administration’s aim for the funds … is to provide incentives for at least $800 billion of infrastructure investment by the private sector and state and local governments,” according to the article, whose source was a senior Office of Management and Budget official speaking on the condition of anonymity.

The infrastructure plan will be designed to encourage state and local governments, as well as private companies, “to secure their own funding and financing rather than relying on the federal government,”

 

From Modern Distribution Management

 

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