Thursday, February 15, 2018
Trump's Infrastructure Plan
Trumpty Dumpty's infrastructure plan is a fraud, and here's why. For most of our lives road and highway projects have been funded 80% from federal money and 20% from state money. Trump's "plan" reverses that formula so that the feds only put up 20% and the states must pay 80%. In Trump's fantasy land, states will have to find four times as much money in their highway construction budgets before being eligible to receive any federal highway funds. Fat chance of that happening without massive state tax increases.