Trump Budget Said to Include $200 Billion for Infrastructure
- Budget first step in Trump’s $1 trillion infrastructure plan
- Federal funds aim to spark state, local and private investment
Trump Budget Proposes Deep Cuts to Social Programs
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President Donald Trump will propose spending $200 billion in federal funds over 10 years to spur investment in the nation’s infrastructure, a senior Office of Management and Budget official said.
The administration’s aim for the funds, which will be part of the budget proposal Trump plans to release on May 23, is to provide incentives for at least $800 billion of infrastructure investment by the private sector and state and local governments, said the official, who spoke on condition of anonymity because the plans were not yet public.