The United States plans to spend $1 trillion on infrastructure in 2018
According to foreign media reports, the White House is set to launch in January a long overdue infrastructure reconstruction program, the President of the United States trump's advisers believe that voters want the government to come up with a $1 trillion road and bridge construction projects, although some lawmakers opposed.
Reported that trump's advisers are last modification to the plan, according to the plan, the federal government will spend at least $200 billion m budget directly, and the corresponding leverage local governments and the private sector investors invest hundreds of billions of dollars, used in highway, railway, water and utilities to upgrade. The federal government is spending money to flatten out other federal budgets.
White House officials have said for months
that once congress approves the tax reform, they will focus on infrastructure.
In the past few months, republicans and their business Allies have been
attacking tax changes. It is more difficult to push through big legislative
elections in an election year, but Mr Trump's political advisers believe the
public will support them. But there is widespread skepticism in Washington
about whether congress will follow through on a big spending plan after tax
changes could lead to a $1 trillion expansion of the fiscal deficit.