Transportation Secretary Elaine L. Chao gave a hint on Monday about the proposed Trump administration’s infrastructure repair plan, saying that it will involve $200 billion in federal funding that the administration expects to attract $1 trillion in private funding over the next decade.
Chao did not say when the plan will be announced other than it will be during the next several weeks.
“There has never been a more exciting time to be involved in infrastructure,” she said at an event marking national infrastructure week. “It’s a national priority, and has growing public support. There is also rare bipartisan consensus that now is the time to act.”
Chao has indicated that the plan will also include steps to streamline the permit and approval process and give the highest priority to states and cities that have already secured funding for local projects.
Tags: Elaine Chao, transportation infrastructure, Trump administration
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