Tuesday, December 26, 2017

Whatever Happened To...

...all that 2009 porkulus package money, about $800 billion worth, that was spent on "shovel-ready" projects?  Am I supposed to forget that it was all squandered, but trust government to have mended its ways by now and to have an excellent plan for not wasting taxpayer money today?
The Trump administration is expected to unveil an infrastructure package in the new year, after putting the issue on the sidelines amid other GOP priorities in 2017.

The White House is working to release a roughly 70-page infrastructure proposal sometime in January for members of Congress to use as a cornerstone for drafting the legislation in 2018...

Although the administration is working to address the nation’s infrastructure, several major question marks hang over the plan, such as funding.

“The cost is going to be an issue, that’s going to be a large topic of debate,” a senior committee aide told the Washington Examiner.

This spring, the administration called for using $200 billion in direct federal spending over the next 10 years. This was intended to spur $800 billion in spending by states, localities and private investors.

“I think the biggest sticking point will be funding, paying for the plan,” said Michael Sargent, transportation and infrastructure policy analyst at the Heritage Foundation. “Where does this $200 billion come from?”
Where, indeed.

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