Infrastructure Investment labeled “A Necessity” by President Trump during his State Of The Union address. However, The President did not go into much detail about how these infrastructure projects would be funded. He formally acknowledged that both the House and Senate needed to work together on a bill that would allow more funds to help rebuild the country’s infrastructure. During his lengthy speech he stated that “I know that the Congress is eager to pass an infrastructure bill, and I am eager to work with you on legislation to deliver new and important infrastructure investment, including investments in the cutting-edge industries of the future,” Trump said. “This is not an option. This is a necessity.”
The former Congress (2018) dismissed President Trumps Infrastructure Plan of $1.5 Trillion dollars. This plan would have provided funding over a 10 year period with additional resources from the private sectors. Specifically, Trucking having a big share in this plan. Support seemed to fall apart for his plan last year. President Trump has renewed his plea to Congress to enact new legislation to provide funding for what is now deemed a national crisis to rebuild our outdated infrastructure.
Congress is supportive of this plan and the idea is still very alive in our New Congress. It is not clear as if this will be a issue or part of the Presidents plan this year to try and push for funding.