Trump pushes infrastructure plan as critics balk
President Trump promoted his infrastructure plan on Tuesday, which has been blasted by even some conservative critics as "a joke." Released Monday, the White House proposes leveraging $200 billion in federal spending into $1.5 trillion worth of projects, mostly by asking state and local governments to match the funds by as much as a 4-to-1 ratio.
The proposal would also see the government selling off or privatizing assets like Dulles and Reagan National airports, freeways, aqueducts, and electrical facilities.
Politico notes that Trump's plan "is not going anywhere eight months before Election Day — and that's according to Republicans, not Democrats."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Jeva Lange was the executive editor at TheWeek.com. She formerly served as The Week's deputy editor and culture critic. She is also a contributor to Screen Slate, and her writing has appeared in The New York Daily News, The Awl, Vice, and Gothamist, among other publications. Jeva lives in New York City. Follow her on Twitter.
-
Amanemu: an ultra-luxury onsen retreat in Japan's Ise-Shima National Park
The Week Recommends Soak in blissful private solitude among pine-cloaked hills and steamy hot springs
By Scott Campbell Published
-
Today's political cartoons - December 23, 2024
Cartoons Monday's cartoons - immigrant jobs, crypto scams, and more
By The Week US Published
-
A foodie's tour of Louisiana
The Week Recommends The state's hedonistic spirit is reflected in its celebration of good food
By Natasha Langan Published
-
Judges block $25B Kroger-Albertsons merger
Speed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
By Peter Weber, The Week US Published
-
Rupert Murdoch loses 'Succession' court battle
Speed Read Murdoch wanted to give full control of his empire to son Lachlan, ensuring Fox News' right-wing editorial slant
By Peter Weber, The Week US Published
-
Bitcoin surges above $100k in post-election rally
Speed Read Investors are betting that the incoming Trump administration will embrace crypto
By Peter Weber, The Week US Published
-
Enron mystery: 'sick joke' or serious revival?
Speed Read 23 years after its bankruptcy filing, the Texas energy firm has announced its resurrection
By Peter Weber, The Week US Published
-
US charges Indian tycoon with bribery, fraud
Speed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
By Peter Weber, The Week US Published
-
Boeing machinists approve contract, end strike
Speed Read The company's largest union approved the new contract offer, ending a seven-week strike
By Peter Weber, The Week US Published
-
US economy still strong in final preelection report
Speed Read It grew at a solid 2.8% annual rate from July through September
By Peter Weber, The Week US Published
-
Boeing machinists reject deal, continue strike
Speed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
By Peter Weber, The Week US Published