State of the Union

[Belsnickel]

(01-31-2018, 05:20 PM)StLucieBengal Wrote: Isn’t the infrastructure number a bit of a myth. 1.5 Trillion total but isn’t it like only 200b gov money the rest private. I could be wrong but I swear it was something like that.... Pelosi was furious about it he other day on Cuomo’s Show

Depends on whose analysis you look at. $200 billion seems a bit low out of that figure; I wouldn't be surprised to see a 2:1 split government to private sector. I can't remember what the final outcome was with the tax bill, but I know some versions would have crippled state and local spending on infrastructure in an effort to encourage private investment. But I can't remember off the top of my head what ended up being in the final version. I was too focused on the higher education implications.

Edit: Since writing this, I think I found where your number came from. The administration, based on leaked infrastructure plans, is looking to lower the expected federal share of infrastructure work from 50%, as it has been for decades, to 20%. So a $1 trillion infrastructure push would be $200 billion. It has members of both parties uneasy, though, so this won't likely be the final result.