Trump Infrastructure Plan Would Pay For A Fraction Of Investment

JULY 9 2017 FILE

The plan's impact on the Gateway Tunnel which would feed into Penn Station remains to be seen

"President Trump will not be fooled into following the Democrat play book", Norquist said in a statement. ASCE president Kristina Swallow, a civil engineer and program manager for the city of Las Vegas, says "it's great to know that the leadership of our country recognizes the fact that we have been underspending on infrastructure for decades and that it's hurting our families economically".

White House officials declined to comment on Trump's discussions in the closed-door meeting but said that all options were on the table to meet the main objectives of the president's plan.

The effort could face opposition from Republicans, some of whom are reportedly anxious about increasing the middle class's tax burden so soon after cutting taxes, their only big legislative achievement under Trump.

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The White House proposal is silent on what the administration would do about the Highway Trust Fund, which finances most highway and transit projects through the fuel taxes.

"The president made a living building things, and he realizes that to build things takes money, takes investment", DeFazio said.

"We support the president's big and bold vision for strengthening American infrastructure", said ATA President Chris Spear.

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"I want a parade like the one in France", Trump said at a January 18 meeting at the Pentagon, according to The Washington Post.

But the word "generate" is not the same as "spend", as the Trump administration's plan proposes to allocate just a fraction of that ambitious goal, $200 billion over 10 years, with most of the rest of the funding burden shifted onto states and local governments. The federal diesel tax is 24.4 cents a gallon.

The federal gas and diesel tax hasn't been raised since 1993. Republican Senator John Barrasso, who attended the meeting, said he opposed a hike.

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Picture this: troops in vintage uniforms marching through the streets as military aircraft carve the skies overhead, all in a grand celebration of Veterans Day and the 100th anniversary of the end of World War I. That's one scenario taking shape as the Pentagon maps out options for the military parade President Trump has requested.

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