U.S. Transport Chief: ‘Tight Time Frame’ For $1 Trillion Infrastructure Boost

www.oann.com | 9/24/2018 | Staff
emilia (Posted by) Level 3
WASHINGTON (Reuters) – The White House on Monday said it wanted Congress to approve legislation to boost U.S. infrastructure by at least $1 trillion, with a “tight time frame” to agree a bill to fund repairs of roads, bridges, airports and other projects.

U.S. Transportation Secretary Elaine Chao said on a call with reporters on Monday that the U.S. House of Representatives needs to take action by August, given the looming presidential election in 2020 and the busy calendar.

Infrastructure - Bill - August - Time - Frame

“This infrastructure bill has to be passed around August so we are looking at a very, very tight time frame,” Chao said.

The White House has not yet introduced legislation on infrastructure this year but issued a fact sheet on Monday detailing some of its principles. Democrats, who control the House, are expected to propose their own legislative plan in May.

Experts - United - States - Sums - Airports

Experts say the United States badly needs to invest significant sums in its congested airports, aging energy infrastructure and crumbling roads.

However, Chao said it was not clear from where the administration of President Donald Trump would find the entire proposed $1 trillion earmarked for improvements. “I don’t know yet if it will be fully federal funded. Everything is on the table,” she said.

Administration - February - Plan - Funds - Projects

The administration’s February 2018 plan to use $200 billion in public funds to spur a projected $1.5 trillion in projects largely financed by the private sector was...
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