UPDATED 12:54 AM PT — Tues. February 6, 2018
President Trump’s highly anticipated infrastructure plan is set to be released in the coming days.
A White House official said the president’s more than one trillion dollar proposal will be unveiled Monday.
The plan is expected to propose a streamline for the permitting process and put an extra emphasis on rural areas, which is something the president laid out during his State of the Union address.
This comes after leaked documents showed what appeared to be the president’s infrastructure plan earlier this year.
The Trump administration plans to unveil it’s new infrastructure plan next week, however, a copy of the proposal was leaked online. It shows that the president’s plan targets rural economies for vast improvements.
Documents show the trillion dollar plan would give 25-percent of allowed funds to rural communities for broadband internet access, and more efficient public transportation.
States would receive block grant funding if rural areas with fewer than 50,000 residents are in dire need of repairs.
Overall, governors would receive an amount based on the size of the rural areas in the state and adjusted for population.
About half of the planned funding would go toward what’s called an “infrastructure incentives” program… which gives federal grants that can cover up to 20-percent of the total cost of the plan.
Another one of the provisions is called the Transformative Projects Program, which pays for about 80-percent of state construction costs, 30-percent of demonstration trials, and 50-percent of post-demonstration planning costs.
Sources also claim the plan aims to reduce government spending on infrastructure, and push for more private investments.
The White House would not comment on the leaked plan, but says it looks forward to unveiling the finished product in the near future.