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Transportation

Inside Bloomberg's $1 Trillion Infrastructure Plan

Drawing on his time as New York City mayor, Michael Bloomberg proposes handing power and money to urban leaders as part of his Democratic presidential bid.
Michael Bloomberg's national transportation plan contains echoes of his tenure as New York City mayor.
Michael Bloomberg's national transportation plan contains echoes of his tenure as New York City mayor.Michael Nagle/Bloomberg

Michael Bloomberg, the billionaire media mogul and former New York City mayor who is running for U.S. president, released his campaign plan for infrastructure on Wednesday, which proposes to invest more than a trillion dollars in roads, railways, pipes, and telecommunication lines.

“The plan I’m releasing today will transform the way we build in America, allowing projects to be built faster, and with more accountability for completing them on-time,” he said at a meeting of the U.S. Conference of Mayors on Wednesday.