WASHINGTON – President Trump will unveil his long-awaited infrastructure proposal Monday to shift $200 billion over the next decade from other federal programs to pave the way for $1.5 trillion for roads, bridges, waterways and railways. Trump’s approach is to let Congress negotiate the details. His four objectives are to stimulate new investment, streamline federal permitting, invest in rural projects …
What Will Trump’s 2018 Infrastructure Package Include?
Donald Trump’s administration is reportedly planning to unveil its long-promised infrastructure proposal in January, according to The Wall Street Journal. Trump administration officials spoke about the plan’s release as early as March of this year. The president himself said it was largely completed in May, announcing it would be coming in two to three weeks. A themed Infrastructure Week at …
Trump Tax-Cut Proposal for Small Construction Businesses is Unclear
Tax bills for most small construction companies would fall under a broad tax-reform outline unveiled on Sept. 27 by the Trump administration and congressional Republicans. The proposal calls for cutting the corporate tax rate to 20% from 35%. Perhaps most important for small construction firms, the tax rate for pass-through businesses would be limited to 25%. Pass-through entities, such as …
Opinion: Trump Infrastructure Plan Has Roots in Privatized Indiana Toll Road
President Donald Trump’s $1 trillion plan to rebuild America’s infrastructure may be unprecedented in size and ambition, but it mimics a controversial scheme championed by Vice President Mike Pence when he was the governor of Indiana. That’s why Pence is the public face of the Trump initiative, and executives from financial firms that helped privatize Indiana’s toll road are in …
Opinion: P3s Need Due Diligence to Ensure Success
As President Donald Trump unveils elements of his infrastructure plan this week, Democrats are attacking it as a betrayal of basic government responsibilities. This “privatization,” as they call it, would sell out rural America and allow companies to exploit public assets like roads and bridges. Read more here >>>
Commentary: Trump Budget Falls Short on Infrastructure
For the first time, the White House has put into writing an outline of President Trump’s long-promised and often-hyped plan to pour as much as $1 trillion into rebuilding the nation’s infrastructure. It did not leave Trump’s would-be negotiating partners impressed. Read the entire article >>>
San Francisco Could Bar Contractors That Bid on Border Wall
Public discourse over the construction of the Trump Administration’s border wall is rife with disagreement. However, a few elected officials have taken the absurd step to attempt to punish any company that does not share their political values on the subject. Recently, San Francisco County Supervisors joined local policymakers from Berkeley and Oakland and introduced ordinances that would ban construction …
US Chamber Exec: Davis-Bacon Repeal Unlikely in Pursuit of Infrastructure Plan
Construction industry stakeholders got a jolt when President Donald Trump recently approached what a U.S. Chamber of Commerce official called a “third rail issue” for building trades unions: changes to the Davis-Bacon Act. Trump said in a New York Times interview published April 5 that he was “going to make an announcement in two weeks” regarding Davis-Bacon. The law requires …