On infrastructure, Trump Administration seeks to avoid Obama stimulus trap
“The Trump administration hopes that $200 billion in new federal infrastructure spending over the next ten years can trigger up to $1.8 trillion in investments by the private sector plus state and local governments, to the benefit of roads, bridges and jobs,” the Washington Examiner reports.
President Donald J. Trump’s goal is to streamline the permitting process. “Two years is our goal, but one year is our real goal,” the President says.
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Christina Wilkie of CNBC breaks down President Trump’s newly unveiled infrastructure plan, which includes greater investment in rural infrastructure and incentives for state and municipal projects.
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In an op-ed for The Hill, Alfredo Ortiz calls out Democrats for their hypocrisy on the success of the Trump tax cuts. Democrats were quick to characterize the tax cuts as “cruel” and “unjust,” but now working Americans across the country are seeing more money in their pockets. “What a difference a couple of months makes,” Ortiz writes.
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St. John Properties, a Baltimore development company, announced that it will give each of its 180 employees a “one-time cash bonus of $1,500” in response to the recent Tax Cuts and Jobs Act, according to The Baltimore Sun. “We are optimistic about the long-term benefits of this legislation,” St. John President Lawrence Maykrantz said in the announcement.
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After a woman who lost her son to opioids appeared in an interview, President Trump sent a message to let the world know that her son “will not have died in vain, ”The Daily Caller reports.
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