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"Trump’s Infrastructure Plan Puts Less Emphasis on Public Benefit"

"President Trump’s $200 billion plan to rebuild America upends the criteria that have long been used to pick ambitious federal projects, putting little emphasis on how much an infrastructure proposal benefits the public.

Unveiled on Monday, the infrastructure program that Mr. Trump has championed since the campaign is intended to attract a huge amount of additional money from states, localities and private investors. The goal is to generate a total pot of $1.5 trillion to upgrade the country’s highways, airports and railroads.

Those financial priorities are crystallized in the new guidelines established by the White House. The ability to find sources of funding outside the federal government will be the most important yardstick, accounting for 70 percent of the formula for choosing infrastructure projects. How “the project will spur economic and social returns on investment” ranks at the bottom, at just 5 percent."

Patricia Cohen and Alan Rappeport report for the New York Times February 12, 2018.

SEE ALSO:

"Trump Infrastructure Plan Would Speed Up Pipelines, Cut Environmental Reviews" (Reuters)

"Trump Proposes Sweeping Changes to NEPA" (Greenwire)

"Public Lands: Hill Wary Of Proposed Interior 'Maintenance' Fund" (E&E Daily)

Opinion: "Trump Doesn't Give a Dam" (New York Times)

Source: NY Times, 02/13/2018