Washington Post | Trump is going to propose an infrastructure plan tonight. It’s a scam.

“Putting corporate profits over the needs of the public: As a new report from the Democratic group Democracy Forward explains, the administration’s plan was developed with the help of an advisory board headed by two New York real estate magnates who just happen to be personal friends of the president. Not surprisingly, the plan maximizes opportunities for private profits: On the rubric for judging infrastructure grant applicants under the President’s proposal, 70 percent of a project’s score would be based upon the availability of non-federal revenue, compared to 5 percent for a project’s “economic and social returns.” At the same time, the plan limits federal funding to 20 percent of a project’s overall cost. This formula will favor projects that can more easily generate revenue for private financiers, as states will need to attract investors to fill in the federal funding gap.”


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