Trump Building Plan: This Public-Private Deal Is a Green Jewel
It's the kind of park that makes other parks jealous.
With a $4.3 million annual operating budget, Dallas’ Klyde Warren Park has five acres of green space dotted by a children's playground, food trucks, a restaurant and ample lounging and performance space. And it was built out of thin air, when a community group determined to connect two neighborhoods put a roof on the freeway that divided them. Where exhaust fumes once rose, a butterfly garden now sits.
After the White House’s Infrastructure Week, which featured speeches and non-binding letters but no more details on Trump's infrastructure policy, the president had just one concrete plan on the table: Privatizing the Federal Aviation Administration.
During 'Infrastructure Week,' Trump Administration Teases Plan, Again
Two weeks after President Donald Trump said his infrastructure plan was coming in two to three weeks, his secretary of transportation, Elaine Chao, issued the same tease: Stay tuned for a few more weeks.
Speaking at a U.S. Chamber of Commerce-sponsored “Infrastructure Week” event, Chao said the plan would call for $200 billion in taxpayer funds to spur outside dollars through private-public partnerships.
"These funds will be used to leverage $1 trillion in infrastructure investment over 10 years," Chao said according to the Associated Press, noting that the tax dollars would be offset by unspecified savings to keep from adding to the national debt.
While infrastructure is hardly the sexiest topic, there was considerable buzz around the event, with Twitter users jumping on the trending hashtag suggesting projects ripe for infrastructure investment, including a slew of tweets advocating building a wall on the southern border.
The $200 billion is the same number the White House budget director earmarked for infrastructure investment last month.
“We’re certainly going to spend some money,” Office of Management and Budget Director Mick Mulvaney said then.
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15d ago / 2:29 PM UTC
Donald Trump Wants to Rebuild America? Here Are 8 Places to Start
One in five miles of the country's highways is in shabby condition; 56,007 bridges are structurally-deficient, and at least 2,170 Americans dams have been deemed "high-hazard potential."
Degrading infrastructure projects affect millions of Americans every day, causing problems ranging from added car maintenance costs from bumpy roads to life-threatening health risks from unsafe drinking water.
President Donald Trump, looking to fulfill a campaign promise, has vowed to spend $1 trillion repairing America. After analyzing federal data, pouring over independent research, and consulting experts, here are some pressing infrastructure problems that need big fixes.
Report: Puerto Rico's Drinking Water at Brink of Crisis
Puerto Rico's drinking water system is on the brink of crisis, an environmental group said Wednesday.
Elevated lead levels, bacteria, chemicals and lax adherence to regulations have created a toxic mix for the American territory's 3 million-plus citizens, Natural Resources Defense Council Health Director Erik Olson told NBC News, citing his group's latest research.
"Puerto Rico just clearly has the biggest challenges of any state or territory in the United States," Olson said.
The White House has not yet rolled out a plan to rebuild what Trump calls America’s “crumbling” infrastructure.
The president appointed a special assistant of infrastructure with D.J. Gribbin, who has a history brokering deals between private investors and governments seeking infrastructure investment, the very kind of deal Trump says is key to funding reform without growing the deficit.Congressional leaders and infrastructure experts say they’re unsure just how feasible such funding mechanisms are; domestically, the nation has seen both successes and failures arise from such partnerships.
Trump's only action to date on an infrastructure project is his approval of permits for the Keystone XL and Dakota Access pipelines. With that, Trump made good on one campaign promise while reneging on another: The Keystone XL pipeline won’t have to use American steel in construction, despite a White House order mandating pipelines do so.
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Jacob Soboroff and Aarne Heikkila
14d ago / 3:08 PM UTC
How Trump's Promise to Increase Infrastructure Spending Would Help One City
President Donald Trump promised a $1 trillion infrastructure investment over ten years that he said would rebuild American cities and create millions of new jobs. Here in Arkansas’ second-largest city, where Trump won overwhelmingly in 2016, residents eagerly await details of a bill and see it as key to turning their fortunes around.
Trump Building Plan: How One Public-Private Deal Hit a Bumpy Road
Texas had high hopes for the southern segments of SH 130, a 41-mile stretch of the high-speed toll road east of San Antonio.
The state had put off building that stretch of road until a pair of investors stepped forward and offered what sounded like a great deal: Texas would get a big check for turning the rights to build and operate the toll road over to a private entity, a move that would give the state a new highway and a share of the tolls. The state would own the road and rake in revenue, but wouldn’t have to put up the cash for its construction.
Both Parties Say Trump’s Infrastructure Plan Needs Repair
Promising a trillion dollars of infrastructure investment was an easy win for a billionaire builder running for the White House: Roads and bridges need fixing, workers need jobs, and the proposal has bipartisan appeal.
Accomplishing it as president? Not so easy.
President Donald Trump faces high stakes — some in his own party oppose more government spending — while others see potential political benefits and more: He could unite Republicans and Democrats on a key issue and big investment could contribute to the millions of jobs he promised as a candidate.