Infrastructure investment was a major topic of discussion in Washington during the first week on the new Trump Administration with the House, Senate and President Trump each highlighting infrastructure investment as a priority. AGC has provided recommendations to both the administration and Congress for rebuilding our nation’s infrastructure. AGC will work with President Trump and Congress to ensure that any infrastructure plan includes real, dedicated funding for all types of infrastructure, while also encouraging greater private sector investments where appropriate.
Following President Trump’s inauguration speech that talked about infrastructure, President Trump signed several infrastructure-related Executive Orders (EO), including one to restart the permit application for the construction of the Keystone XL and Dakota Access Pipelines and a second to expedite environmental reviews and permitting for high priority infrastructure projects. The White House has not released details on the contents of their infrastructure plan or when it will be released.
Meanwhile, Senate Democrats released their own plan which would invest $1 trillion over 10 years in all types of infrastructure. The plan calls for direct government spending on projects but does not offer up a way to pay for it – except for “closing tax loopholes used by corporations and super-wealthy individuals.” The plan will likely be used by Senate Democrats as a starting point in negotiations with the Trump administration. Over in the House, Speaker Paul Ryan is laying out Republican’s plan at a gathering in Philadelphia, which according to reports includes healthcare, tax reform and an infrastructure package.