The Trump administration has declared this to be “infrastructure week,” with President Trump and Elaine Chao partaking in a traveling road show to sell the administration’s ideas. Some people say that this is just a way to take the nation’s eyes off of the Comey hearings, and if so, it’s working as a lot of electrons and not a little ink are being devoted to infrastructure.
Others are claiming that Trump doesn’t actually have an infrastructure plan, but that’s not true, as the Antiplanner revealed last week. The plan isn’t 1,000 pages long, but it contains seventeen distinct proposals that have all been fleshed out in other places, including a variety of studies from Heritage, Reason, the Competitive Enterprise Institute, and yes even Cato.
What really aggravates some people, especially Democrats, is that Trump isn’t proposing to spend a trillion federal dollars on hundreds of juicy pork barrel projects. Instead, he is proposing to leverage about $200 million in federal tax credits and other incentives to get the private sector to spend a trillion dollars on infrastructure. Continue reading