On infrastructure, Trump administration seeks to avoid Obama stimulus trap

The Trump administration hopes that $200 billion in new federal infrastructure spending over the next ten years can trigger up to $1.8 trillion in investments by the private sector plus state and local governments, to the benefit of roads, bridges and jobs.

In a plan to be announced Monday, the White House hopes to make due on a campaign promise to bolster the country’s roads and bridges, sink $50 billion into new rural infrastructure programs, and speed up the permitting process to allow new projects to proceed far more quickly.