Transportation
What the '$1.5 Trillion Infrastructure Plan' Really Pays For
The White House finally released its long-awaited bill on Monday.
It’s been more than a year since Donald Trump’s presidential campaign started talking about a $1 trillion infrastructure plan. On Monday, the White House released an actual 55-page legislative outline.
In the intervening 16 months, the details have shifted, several unofficial Infrastructure Weeks have come and gone, and the total investment that’s being articulated has ballooned to $1.5 trillion. But the underlying philosophy hasn’t budged: This not a spending plan, but a financing idea. Trump’s bill does not include new money for funding infrastructure.