ECA News

ARTICLE

Date ArticleType
2/26/2018 Industry News
White House Unveils Infrastructure Overhaul

Last week, the White House officially released a 55-page proposal for President Trump's long-awaited infrastructure overhaul. The plan puts forth a framework for lawmakers to craft legislation for a $1.5 trillion infrastructure package that would focus on public-private partnerships and funding from state and local governments.

Per the Trump Administration, the plan's six principles and the administration's arguments for them are as follows:

• Investing $200 billion in Federal funds to spur at least $1.5 trillion in infrastructure investments, through partner financing at the State, local, Tribal and private level.
• Focusing on rural America, which has been left behind for too long.
• Returning authority to State and local governments.
• Reducing regulatory barriers that needlessly get in the way of infrastructure projects.
• Streamlining and shortening permitting processes for infrastructure projects.
• Supporting and strengthening America's workforce.

For more details on the six principles, click here. Information provided by the Finishing Contractors Association, of which ECA is a chapter.