On Monday, President Donald Trump unveiled his infrastructure plan. The overarching goals of the plan are to stimulate at least $1.5 trillion in new investment, shorten project permitting time to two years, invest in rural projects and improve worker training. Of that $1.5 trillion, only a fraction — $200 billion – will come from the federal government. Here are some of the takeaways from the plan: $200 billion – will be federal government funding. Those funds are intended to induce the states, local communities and private sector to raise the remaining $1.3 trillion. $100 billion will be allocated for competitive grants. Preference will be given for applications that include raising revenue through taxes, fees or tolls. The federal government would … Read More
Check out Kentucky Infrastructure Coalition Chair Juva Barber’s radio interview on the economic impact of infrastructure investment.