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President announces framework for infrastructure improvement

On February 12, 2018, President Donald Trump announced his administration’s long-awaited framework for rebuilding infrastructure in America. The 53-page white paper, entitled “Legislative Outline for Rebuilding Infrastructure in America” (the “Plan”), sets out the White House’s proposal to dedicate federal dollars, empower and encourage local spending, and attract significant private sector investment in a wide range of infrastructure project initiatives. In particular, the Plan proposes a federal investment of $200 billion into the nation’s infrastructure in order to stimulate at least $1.5 trillion in new infrastructure investment over the next 10 years. The Plan also proposes to shorten the approval process for certain projects (as highlighted in the president’s State of the Union address)[1] and train the American workforce of the future.

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