11
Tuesday
December 2018
10:26 AM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
International News
Trump to unveil $1.5 trillion infrastructure plan
 
(Washington, Feb 12, 2018): President Donald Trump today will unveil his long-awaited infrastructure plan, a 1.5 trillion proposal that fulfills a number of campaign goals, but relies heavily on state and local governments to produce much of the funding.

The administration's plan is centered on using 200 billion in federal money to leverage local and state tax dollars to fix America's infrastructure, such as roads, highways, ports and airports.

"Every federal dollar should be leveraged by partnering with state and local governments and where appropriate tapping into private sector investment to permanently fix the infrastructure deficit," Trump said at last month's State of the Union address.

Trump has repeatedly blamed the "crumbling" state of the nation's roads and highways for preventing the American economy from reaching its full potential.

Many in Washington believe that Trump should have begun his term a year ago with an infrastructure push, one that could have garnered bipartisan support or, at minimum, placed Democrats in a bind for opposing a popular political measure.

But the administration chose to begin with health care and relations with Democrats have only grown more strained during a turbulent, contentious year. The White House, now grappling with the fallout from the departure of a senior aide after spousal abuse allegations, may not have an easy time navigating a massive infrastructure plan through a polarised Congress. It just grappled with two federal government shutdowns and will soon turns its attention to immigration.

Administration officials previewing the plan said it would feature two key components: an injection of funding for new investments and help speed up repairs of crumbling roads and airports, as well as a streamlined permitting process that would truncate the wait time to get projects underway.

Officials said the 200 billion in federal support would come from cuts to existing programs.

Half the money would go to grants for transportation, water, flood control, cleanup at some of the country's most polluted sites and other projects.

States, local governments and other project sponsors could use the grants which administration officials view as incentives for no more than 20 per cent of the cost. Transit agencies generally count on the federal government for half the cost of major construction projects, and federal dollars can make up as much as 80 percent of some highway projects.

About USD 50 billion, would go toward rural projects transportation, broadband, water, waste, power, flood management and ports. That is intended to address criticism from some Republican senators that the administration's initial emphasis on public-private partnerships would do little to help rural, GOP-leaning states Early reaction to the proposal was divided.(AP)


Trump's potential next chief of staff pick leaving White House
UK PM faces fight for her political life in Brexit deal
Iran arrests 10 over suicide attack on police
Trump chooses new Joint Chiefs of Staff chairman, against Mattis wishes
Merkel gets boost with ally's party win
Rouhani warns weakened Iran less able to fight trafficking
Trump may nominate Heather Nauert as UN Ambassador: Reports
Qatar injects more cash into Gaza for Hamas employees
Singer Mika Singh Detained in Dubai for Sending Obscene Messages to 17-year-old: Reports
Conditions Met for Assange to Leave Embassy in London, Says Ecuador President
Pakistan slashes non-salary budget by 10%
Moscow dismisses 'groundless' US claim Russia breaching arms treaty
AgustaWestland deal 'middleman' Christian Michel brought to India
Don't be like Hitler: sacked Lankan PM tells President Sirisena
Sri Lanka court suspends Mahinda Rajapakse's powers as PM
Nigerian President denies death, body double rumours
France to consider state of emergency to prevent worst civil riots: govt spokesman
India To Host G20 Summit In 2022, 75th Year Of Independence, Says PM Modi
PM Modi Meets Saudi Crown Prince, Investments, Defence Ties Discussed
US strike in Afghanistan's Helmand killed 23 civilians: UN
ENTERTAINMENT NEWS
Vaikom Vijayalekshmi ties knot with Anoop
 Vaikom: Playback singer Vaikom Vijayalekshmi has tied knot with Anoop N. at Vaikom Mahadeva temple.  
Mohanlal's Odiyan: Official trailer launched
Mammootty narrates Odiyan's intro?
Sradha Kapoor as Saina Nehwal: First look poster is out.
KERALA NEWS
Activist Rehana Fathima, Who Attempted Sabarimala Trek, Arrested Over Facebook Post
 (Kochi, Nov 28, 2018): Model and activist Rehana Fathima, who tried to reach Kerala's Sabarim
Good news for Keralite Nurses: IELTS cut-off reduced to 6.5
BJP leader K Surendran, 71 others granted bail
Sabarimala protests: Arrests up to 2061, Kerala HC warns police
NATIONAL NEWS
BJP mocks Oppn meet, asks them to reveal PM candidate's name
 Kolkata, Dec 10 (PTI) BJP national general secretary Kailash Vijayvargiya has mocked the scheduled m
RBI Governor Urjit Patel makes loud noise with silent exit
Can special consideration be shown to man with skin disorder: HC asks Centre
BJP files caveat in SC over 'rath yatra' in WB
Untitled Page
Rashtra Deepika LTD
Copyright @ 2018 , Rashtra Deepika Ltd.