Administration Continues to Focus on Infrastructure Plan
On two separate occasions last week, President Trump indicated that he intends to accelerate the timeframe in which he will propose his $1 trillion dollar infrastructure plan. Additionally, Transportation Secretary Chao briefed a small group of Republican House Members on an infrastructure package that may be moving as soon as the middle of May. Neither the President nor Secretary Chao provided any level of detail other than that the plan will rely on both private and public funds and will cut red tape that contributes to a delay in infrastructure projects.
However, the timing for any infrastructure plan remains in flux. It appears that the Administration is moving forward sooner than previously thought and the House and Senate Committees have held several infrastructure-related hearings. AGC will continue to work with both the Administration and Congress to ensure that the promise of a $1 trillion infrastructure package that provides direct federal spending, increased private sector investment and cuts red tape is kept.
For more information, contact Sean O’Neill at firstname.lastname@example.org or (202) 547-8892.