Trump Wants Toll Limits Lifted, Infrastructure Bond Caps Eased
- Principles of $1 trillion proposal released with budget
- Plan calls for encouraging state, local, private investment
Trump Budget With $3.6 Trillion in Cuts Hurts Supporters
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President Donald Trump proposed relaxing restrictions on tolling interstate highways and lifting a $15 billion cap on tax-exempt bonds for private investors among other broad principles for his $1 trillion infrastructure plan Tuesday.
Those principles, released as part of Trump’s proposed budget, represent the fullest view yet of how his administration plans to spend $200 billion over the next 10 years to generate at least $800 billion in additional state, local and private investment in highways, bridges, airports, sea ports and other public facilities.