Trump’s Big Public Works Dig

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The White House on Monday unveiled its plan to raise $1.5 trillion in capital for public works. This will cause sticker shock among Republicans, but the President’s innovative regulatory reforms deserve debate and may even garner some Democratic support.

President Trump is proposing to spend $200 billion in federal funds to leverage $1.3 trillion in state, local and private investment in public works. This bid is probably dead on arrival since Republicans have little appetite for more spending after blowing the budget sequestration…



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