What we can learn from a leaked draft of Trump's infrastructure plan
A leaked draft of the White House's infrastructure plan has surfaced over at Axios, and although specific funding numbers are not attached, the document offers the first details in what has so far been a fairly confusing process.
What we know: The $1 trillion infrastructure plan is one of President Trump's biggest campaign promises, and there is a lot at stake for his administration in how it gets executed. The leaked document breaks down spending into categories, where infrastructure incentives make up 50 percent of total appropriation and encourage "state, local, and private investment in core infrastructure by providing incentives in the form of grants." Transformative projects, which "must be exploratory and ground-breaking ideas," make up 10 percent, rural infrastructure makes up 25 percent, federal credit programs 7 percent, and the federal capital financing fund 5 percent.
Article continues belowThe 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.
As both Freemark and others noted, grants would also decline from funding upwards of 50 percent of project costs to a ceiling of 20 percent:
Read the full document — which is a draft and subject to change — here, and read more of Freemark's analysis on Twitter.
