Trump is rolling out his 1.5 trillion dollar infrastructure plan today, but he’s suggesting that the federal government will only fund a fraction of the money:
Trump's infrastructure plan commits the federal government to spending just a fraction of the $1 trillion he promised during his campaign #tictocnews https://t.co/lrJGRAyhRn pic.twitter.com/yrl35iKNls
— TicToc by Bloomberg (@tictoc) February 12, 2018
This is similar to what CBS News reported this morning:
— CBS News (@CBSNews) February 12, 2018
Ok that’s confusing. Somehow we’re only going to spend 200 billion and that will generate 1.3 trillion from states and private investment?
I don’t think I’ve ever seen a bill like this before. I guess we’ll have to wait for Congress to hash this out, but something tells me we’re going to end up being on the hook for far more than 200 billion.
Earlier this morning Trump tweeted this:
This will be a big week for Infrastructure. After so stupidly spending $7 trillion in the Middle East, it is now time to start investing in OUR Country!— Donald J. Trump (@realDonaldTrump) February 12, 2018