At an event in Richfield OH, PRESIDENT Donald Trump talked about his10-year plan to build and fix roads, bridges, pipes and put broadband access in rural America. The plan would be a combined effort of federal, state and local tax dollars along with private investment. His idea is to leverage $200 billion in federal tax dollars with $1.3 trillion from the other sources to reach the final figure.
Such a plan could create as many as 414,000 jobs.
The president referred to the plan as “the next phase of America’s comeback.” He said he knows about building things, adding he may have been better at it than being president. “This is the biggest and boldest infrastructure plan in the last half-century,” Trump said.
“We are like, in many cases, a third-world country.”
Trump referred to digging the Panama Canal and building the Empire State Building as feats to aspire to again. And a key part of his plan, he said, is to reduce a burdensome regulatory approval waiting time from as long as a dozen years to just a year by establishing one federal point of contact for a yes or no answer on a project.
“We must reclaim that proud heritage,” Trump said.
House Speaker Paul Ryan already has said the proposal could be divided into as many as six bills.