PaintSquare.com
Follow us on Twitter Follow us on LinkedIn Like us on Facebook Follow us on Instagram Visit the TPC Store
Search the site

 

Advertisement

PaintSquare


Coatings Industry News

Main News Page


Delay Forecast for Infrastructure Plan

Friday, January 6, 2017

More items for Program/Project Management
More items from North America

Comment | More

The infrastructure plan promised by President-elect Donald J. Trump likely won’t come to fruition during his first 100 days in office, Congressional leaders say—but figuring out how to pay for it will be an early priority.

Rep. Bill Shuster (R-PA), who chairs the House Transportation and Infrastructure Committee, said Wednesday (Jan. 4) that the rollout of a major infrastructure package would likely come in the late spring or later, after Congress irons out a funding strategy.

President-elect Donald J. Trump
A. Shaker / VOA, public domain, via Wikimedia Commons

After his election, President-elect Donald J. Trump said that infrastructure improvement is "not the core" of his agenda, but held that he still has plans for "a very large-scale infrastructure bill."

“We’re going to start to work on it, but first of all, you’ve got to figure out the pay-fors, which will come, I believe, in the first 100 days,” Shuster told reporters. “Then in the next second 100 days is when we’ll put together a big infrastructure package.”

Prior to his election, Trump had included the proposed $1 trillion plan for improving America’s infrastructure among his top “first 100 days” priorities. Questions about how the mammoth effort will be funded, and even how it will define “infrastructure,” will need to be sorted out before the plan goes forward, though.

Methods of Funding

Several methods of paying for the big investment have been discussed. One uses tax credits to encourage private investors to fund the infrastructure projects. While that method—essentially a stimulus package for infrastructure investment—is seen as a way to leverage private investment at no ultimate cost to the government, critics say it might be far-fetched.

Rep. Bill Shuster

Rep. Bill Shuster (R-PA) said Wednesday that he expects an infrastructure bill to come in the "second 100 days" of the new administration.

“A program of tax credits isn’t going to get the job done, no matter how large,” Sen. Chuck Schumer (D-NY), the Senate Minority Leader, said Tuesday (Jan. 3). "We need significant, direct spending. How does the President-elect plan to get that done?"

Some analysts have said that Trump might propose using billions raised via a one-time tax on American companies’ foreign holdings to help fund the infrastructure plan. Trump advisors have also reportedly not ruled out the idea of an infrastructure bank, an idea that Democratic presidential candidate Hillary Clinton had put forth, and one that Canadian Prime Minister Justin Trudeau has introduced in that country.

'It's Not the Core'

In his post-election interview with The New York Times, Trump said that while infrastructure improvement was part of his agenda, “it’s not the core,” and noted that “I’m doing things that are more important than infrastructure.” Still, Trump said, “We’re talking about a very large-scale infrastructure bill.”

   

Tagged categories: Funding; Government; Infrastructure; Taxes

Comment Join the Conversation:

Sign in to our community to add your comments.

Advertisements
 
Industrial Vacuum Equipment Corp.
 
Hurricane Vacuums
& Dust Collectors
 
Vacuum and dust collector hose, filters and related accessories.
IndustrialVacuum.com
 

 
SABRE Autonomous Solutions
 
Quality
 
The ALPHA1 provides a consistent finish day-in
day-out; job to job.
 

 
Novatek Corporation
 
Dustless Coatings Removal
 
Novatek Corporation, Dustless Coatings Removal Strip, clean and profile all dust free! Comply with new lead standards. Contact today: (866) 563-7800 www.Novatekco.com
 

 
SAFE Systems, Inc.
 
Custom blast rooms
by SAFE Systems
 
Don't waste time and money "making do" with a "standard" design. Let us work with you to design and build the system that best fits your requirements.
Call 1-800-634-7278
 

 
Absolute Equipment/Grand Rental Station
 
TIER 4 EQUIPMENT
 
We have Tier 4 Equipment including Air Compressors & Generators for Sale & Rent! Your job may now require Tier-4. www.absoluteequip.com or Call 412-931-6655.
 

 
ARC / A.W. Chesterton Company
 
Rapid Curing Coating
 
Cures under adverse conditions with maximum adhesion
 

 
KTA-Tator, Inc. - Corporate Office
 
New KTA Pipeline Inspection Kit
 
• Defelsko standard memory body
• Positector FTS 0-250 mils, cabled dry film thickness probe
• NEW Positector Shore D hardness probe
• All essential inspection equipment!
Visit www.ktagage.com
 

 
Fischer Technology Inc.
 
DUALSCOPE®FMP100 with DataCenter IP
 
Transfer customized inspection plans from PC to FMP100 using step-by-step guidance with prompts and pictures throughout the measurement procedure
 

 
SSPC: The Society for Protective Coatings
 
http://www.sspc.org/
 
Join SSPC and Enhance
Your Career !
 

 
Graco Inc.
 
Graco EcoQuip 2: Experience the Difference
 
While others claim their equipment is the same, none of them compare to Graco’s EcoQuip 2™ Vapor Abrasive® blasting line. Visit graco.com/ecoquip to learn more.
 

 
 
 

Technology Publishing Co., 1501 Reedsdale Street, Suite 2008, Pittsburgh, PA 15233

TEL 1-412-431-8300  • FAX  1-412-431-5428  •  EMAIL webmaster@paintsquare.com


The Technology Publishing Network

Durability + Design PaintSquare the Journal of Protective Coatings & Linings Paint BidTracker

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy Policy   |   Terms & Conditions   |   Support   |   Site Map   |   Search   |   Contact Us