Trump unveils infrastructure renewal plan

US President Donald Trump takes part in a meeting on infrastructure with state and local officials in the State Dining Room of the White House on Feb 12, 2018.
US President Donald Trump takes part in a meeting on infrastructure with state and local officials in the State Dining Room of the White House on Feb 12, 2018. PHOTO: AFP

President Donald Trump has unveiled his long-awaited plan to overhaul United States infrastructure.

The plan commits the federal government to spending just a fraction, or just US$200 billion (S$265 billion), of the US$1.5 trillion needed to repair and rebuild the nation's infrastructure - including highways, bridges, airports, seaports, railroads and water systems - and extend broadband Internet access. States, local and private investors would put up the remaining US$1.3 trillion.

Mr Trump made fixing infrastructure a core campaign pledge, but his proposal is likely to trigger heated debate in Congress as worries mount over the soaring federal deficit and possible implications for state taxes.

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A version of this article appeared in the print edition of The Straits Times on February 13, 2018, with the headline 'Trump unveils infrastructure renewal plan'. Print Edition | Subscribe