Fixer upper

7 February 2018 By Christopher Beddor Follow @cbeddor

President Trump wants to build gleaming new highways and railways with his $1.5 trln infrastructure plan. But the U.S. already has most of the networks it needs. Repairs and upgrades aren’t flashy, but they would produce a bigger bang for the government’s limited bucks.

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President Donald Trump plans to release his long-delayed infrastructure proposal on Feb. 12, Reuters reported, citing a White House official. The plan is expected to call for some $200 billion in fresh federal funding, part of which will aim to incentivize state and local governments to provide their own funding.

During his State of the Union speech on Jan. 30, Trump called on Congress to produce a bill that generates at least $1.5 trillion in infrastructure spending. The president urged the legislature to reclaim the country's "building heritage" by streamlining the project-approval process to facilitate the construction of new roads, bridges, highways, railways and waterways.

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