18
Sunday
February 2018
12:14 PM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
International News
Trump to unveil $1.5 trillion infrastructure plan
 
(Washington, Feb 12, 2018): President Donald Trump today will unveil his long-awaited infrastructure plan, a 1.5 trillion proposal that fulfills a number of campaign goals, but relies heavily on state and local governments to produce much of the funding.

The administration's plan is centered on using 200 billion in federal money to leverage local and state tax dollars to fix America's infrastructure, such as roads, highways, ports and airports.

"Every federal dollar should be leveraged by partnering with state and local governments and where appropriate tapping into private sector investment to permanently fix the infrastructure deficit," Trump said at last month's State of the Union address.

Trump has repeatedly blamed the "crumbling" state of the nation's roads and highways for preventing the American economy from reaching its full potential.

Many in Washington believe that Trump should have begun his term a year ago with an infrastructure push, one that could have garnered bipartisan support or, at minimum, placed Democrats in a bind for opposing a popular political measure.

But the administration chose to begin with health care and relations with Democrats have only grown more strained during a turbulent, contentious year. The White House, now grappling with the fallout from the departure of a senior aide after spousal abuse allegations, may not have an easy time navigating a massive infrastructure plan through a polarised Congress. It just grappled with two federal government shutdowns and will soon turns its attention to immigration.

Administration officials previewing the plan said it would feature two key components: an injection of funding for new investments and help speed up repairs of crumbling roads and airports, as well as a streamlined permitting process that would truncate the wait time to get projects underway.

Officials said the 200 billion in federal support would come from cuts to existing programs.

Half the money would go to grants for transportation, water, flood control, cleanup at some of the country's most polluted sites and other projects.

States, local governments and other project sponsors could use the grants which administration officials view as incentives for no more than 20 per cent of the cost. Transit agencies generally count on the federal government for half the cost of major construction projects, and federal dollars can make up as much as 80 percent of some highway projects.

About USD 50 billion, would go toward rural projects transportation, broadband, water, waste, power, flood management and ports. That is intended to address criticism from some Republican senators that the administration's initial emphasis on public-private partnerships would do little to help rural, GOP-leaning states Early reaction to the proposal was divided.(AP)


Pakistan minor's killer gets four death sentences
FBI warned about Florida gunman but failed to act
Turkey seeks 18 years jail for German-Turkish journalist
Thailand decorates Myanmar's army chief amid Rohingya crisis
Pakistan claims destroying Indian Army post, killing 5 soldiers
Coach, immigrant, star swimmer: the Florida shooting victims
Cyril Ramaphosa elected as South Africa's president
Indian faces jail, caning for bid to kill student nurse
2 Indians sentenced for smuggling fake cigarettes into US
South Africa's Jacob Zuma resigns as president
17 killed in Florida school shooting by former student: sheriff
Sharif says his opponents would fail to punish him
Afghan officials and Taliban talk despite wave of violence
Trump lawyer says he paid porn actress out of his own pocket
Secret Confidante Choi Soon-sil Of South Korea's President Park Geun-hye Jailed For 20 Years Over Scandal
Judge to rule on Julian Assange’s bid to escape legal action in Britain
Donald Trump’s daughter-in-law hospitalized after suspicious powder scare: Police
France FM visits Iraq to discuss reconstruction
Pakistani human rights champion Asma Jahangir dies
Saudi Ritz reopens after stint as gilded prison of princes
ENTERTAINMENT NEWS
New poster of Irrfan Khan Starrer 'Blackmail released
 (Feb 17, 2018): After receiving an incredible response on the teaser of the film, the makers  
Justin Bieber to take part in NBA celebrity game
Trailer of 'Pari' out !
Filmmaker Sajid Nadiadwala gets honoured by Italian Consulate
KERALA NEWS
Private bus strike: KSRTC emerges winner, collects crores
 (Thiruvananthapuram, Feb 17, 2018, DG): KSRTC buses have brought in record collection as the
Policeman found hanging
Shuhaib's murder: Six in police custody
Cracker factory accident at Pathanamthitta: 2 dead
NATIONAL NEWS
AICC plenary from March 16
 (New Delhi, Feb 17, 2018):A plenary session of the AICC to ratify Rahul Gandhi’s election as
Indian Banks Association discusses PNB fraud
Former union minister Ponnusamy joins BJP
CBI arrests 2 PNB officials, searches Brady Road branch
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.