Infrastructure deal could be closer, after failure of health care
The infrastructure deal that the Trump administration had planned to introduce in the fall may have been moved up on the calendar, with the failure of the health care bill in the House. The infrastructure bill has a greater chance of bipartisan cooperation, and it is one of the few issues Trump promised in his inauguration speech that he would address soon. Thatês according to a report in The Hill based on interviews with several members of Congress.
But, as with health care, infrastructure has a funding problem. The Congressional health care bill would have saved millions of dollars by cutting back on health-care subsidies, and those savings could have gone toward infrastructure and tax reform. No longer. Transportation Secretary Elaine Chao said the Trump administration would offer a $1 trillion infrastructure proposal later this year, according to Reuters, but she did not give details on funding. She said the administration intends to offer incentives for public-private partnerships in infrastructure.
Trumpês budget proposal cuts 13 percent from the Transportation Department, including the TIGER grants that paid for local road improvements and highway construction. So the money will have to be found elsewhere.Download Bulletin PDF