Power Line
Paul Mirengoff
Feb. 13, 2018
Fulfilling a campaign promise, President Trump has proposed an infrastructure program. He seeks an initial outlay of $200 billion. Half of the money would be a straightforward appropriations outlay for expanding things like digital networks and federal infrastructure loan programs.
The other half would be used to induce entice state and local governments to spend more on infrastructure. As the editors of the Weekly Standard explain, the feds would offer a four-to-one match. For every four dollars the state or county or municipality spends, Washington would chip in an additional dollar. The White House claims this will produce $1.5 trillion spent on repairing and upgrading infrastructure.
I don’t think there’s any question that our infrastructure needs to be repaired and upgraded. But is Trump’s proposal the right way to accomplish this?
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http://www.powerlineblog.com/archives/2018/02/trumps-infrastructure-program-some-pros-and-cons.php
