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Trumps $Trillion Infrastructure Plan

<p>President Trump will unveil his &dollar;1 trillion infrastructure plan during his first State of the Union address next Tuesday&period;&nbsp&semi;<&sol;p>&NewLine;<p>An undated draft of the plan was leaked on Monday&period;<&sol;p>&NewLine;<p>The 6-page document&comma; which outlines a massive plan to revitalize America&rsquo&semi;s roadways and transit systems&comma; suggests up to 50&percnt; of appropriations will go into an &ldquo&semi;infrastructure incentives initiative&rdquo&semi; that will use grants to promote private and local investment&period;&nbsp&semi;<&sol;p>&NewLine;<p>A full quarter of appropriations will be set aside for use in rural areas&comma; and 10&percnt; will go into a so-called &ldquo&semi;transformative projects program&rdquo&semi; that will provide &ldquo&semi;federal funding and technical assistance&rdquo&semi; for initiatives that are unable to obtain private funding&period;&nbsp&semi;<&sol;p>&NewLine;<p>President Trump&nbsp&semi;touched on the plan Wednesday during a speech to mayors&comma; suggesting it could &ldquo&semi;end up being about &dollar;1&period;7 trillion&period;&rdquo&semi;&nbsp&semi;<&sol;p>&NewLine;<p>&ldquo&semi;We&rsquo&semi;re partnering with the state and local government&comma; like yours&comma; to find the most innovative ways to rebuild our roads&comma; bridges&comma; waterways&comma; and airports&period; Very important words&colon; on time and under budget&comma;&rdquo&semi; said Trump&period; &ldquo&semi;Have you heard those words before&quest; You don&rsquo&semi;t hear them too much in government&comma; right&quest;&rdquo&semi;<&sol;p>&NewLine;<p>Trump also promised to send military equipment back to communities &ndash&semi; something the previous administration tried to stop&period;&nbsp&semi;<&sol;p>&NewLine;<p>&ldquo&semi;We&rsquo&semi;re supporting our local police beyond what we&rsquo&semi;ve ever done&comma;&rdquo&semi; said Trump&period; &ldquo&semi;We have a lot of excess military equipment&comma; and we&rsquo&semi;re sending it to your police as they need it&period; And it&rsquo&semi;s made a tremendous difference&period;&rdquo&semi;&nbsp&semi;<&sol;p>&NewLine;<p><strong>Pushback&nbsp&semi;<&sol;strong><&sol;p>&NewLine;<p>Critics argue the infrastructure plan ignores poor areas and provides funding for cities that are already flourishing&period;<&sol;p>&NewLine;<p>&ldquo&semi;Basically the whole structure &lbrack;of this proposal&rsqb; is orientated around cities that are not only wealthy but also economically healthy&comma;&rdquo&semi; argues Yonah Freemark&comma; a transportation expert currently studying at MIT&period; &ldquo&semi;It&rsquo&semi;s like a redistribution of the national resources toward cities that already have more money&period;&rdquo&semi;<&sol;p>&NewLine;<p>The criteria for evaluating whether a project should receive funding focuses almost entirely on that project&rsquo&semi;s ability to secure non-federal financing&period; The project&rsquo&semi;s potential for economic and social returns is just an afterthought&comma; complains Freemark&period;&nbsp&semi;<&sol;p>&NewLine;<p>The Obama Administration used a &ldquo&semi;radically different approach&comma;&rdquo&semi; where evaluation focused mainly on a project&rsquo&semi;s merits &ndash&semi; such as whether it would improve the environment or address poverty&period;&nbsp&semi;<&sol;p>&NewLine;<p>A city can obtain its own funding through tax revenue or private investment &ndash&semi; both options that will be more difficult for poor cities&period;<&sol;p>&NewLine;<p>&ldquo&semi;If you&rsquo&semi;re in a place like Detroit where the market is not in great condition and there isn&rsquo&semi;t&comma; for example&comma; much traffic congestion&comma; then it could be difficult to attract private companies to pay for the new toll roads if they don&rsquo&semi;t feel like people are going to pay the toll&comma;&rdquo&semi; explains Freemark&period;&nbsp&semi;<&sol;p>&NewLine;<p>Trump&&num;8217&semi;s plan also prioritizes high-income neighborhoods by requiring transit projects to have a high return on investment&period; In other words&comma; a city seeking a new subway route would need to prove that the route would boost that area&rsquo&semi;s property values enough to cover the project&rsquo&semi;s cost&period;<&sol;p>&NewLine;<p>This will be impossible for poor areas where property values are not increasing&comma; argues Freemark&comma; and those&nbsp&semi;areas are the ones most in need of public transit&period;&nbsp&semi;<&sol;p>&NewLine;<p><strong>Author&rsquo&semi;s Note&colon;<&sol;strong> Infrastructure reform is something that was promised during Trump&rsquo&semi;s presidential campaign&period; It will tough to get through and will likely add to the deficit&comma; but a better economy should be able to pay for it&period;&nbsp&semi;&nbsp&semi;<&sol;p>&NewLine;

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