Recently, we described the announcement of President Trump’s $1.5 trillion infrastructure plan (the “Plan”). Today, we report on what has developed since the ambitious proposal was unveiled.
Current State-of-Play -
Last week in Richfield, OH, before a large crowd of union builders, President Trump heralded his recently announced infrastructure plan. While shedding no new light on the details, he doubled-down on his commitment to make America great again by rebuilding its roads and bridges and putting Americans to work. While doing so, however, he acknowledged the difficult tasks ahead. He hinted that it was unlikely there would be congressional action prior to 2019 when the next Congress convenes. He blamed the delay on congressional Democrats who he signaled were determined to block his plan.
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