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Thursday, 1 February 2018 00:00 - - {{hitsCtrl.values.hits}}
WASHINGTON (Reuters): President Donald Trump called on the US Congress on Tuesday to pass legislation to stimulate at least $1.5 trillion in new infrastructure spending.
In his State of the Union speech to Congress, Trump offered no other details of the spending plan, such as how much federal money would go into it, but said it was time to address America’s “crumbling infrastructure.”
Rather than increase federal spending massively, Trump said: “Every federal dollar should be leveraged by partnering with state and local governments and, where appropriate, tapping into private-sector investment.”
The administration has already released an outline of a plan that would make it easier for states to build tollways and to privatise rest stops along interstate highways.
McKinsey & Company researchers say that $150 billion a year will be required between now and 2030, or about $1.8 trillion in total, to fix all the country’s infrastructure needs.
The American Society of Civil Engineers, a lobbying group with an interest in infrastructure spending, puts it at $2 trillion over 10 years.
Trump said any infrastructure bill needed to cut the regulation and approval process that he said delayed the building of bridges, highways and other infrastructure. He wants the approval process reduced to two years, “and perhaps even one.”
Cutting regulation is a top priority of business lobbying groups with a stake in building projects and the US Chamber of Commerce.
In his first State of the Union address, President Donald Trump says that his administration embarked on a “righteous mission” to make America great and has achieved “extraordinary success.”
WASHINGTON (Reuters): US President Donald Trump urged lawmakers on Tuesday to work toward bipartisan compromises, but pushed a hard line on immigration, insisting on a border wall and other concessions from Democrats as part of any deal to protect the children of illegal immigrants.
Trump, in his first State of the Union speech, gave no ground on the contentious issue of whether to shield young immigrants known as “Dreamers” from deportation.
Aiming to keep conservative supporters happy as he looks to November congressional elections, Trump stood by a set of principles opposed by Democrats, including the border wall with Mexico and new restrictions on how many family members that legal immigrants can bring into the United States.
“Tonight, I call upon all of us to set aside our differences, to seek out common ground, and to summon the unity we need to deliver for the people we were elected to serve,” Trump said in his address.
Trump used the hour-and-20-minute speech, given annually by presidents to Congress, to try to overcome doubts about his presidency at a time when he is battling a probe into his campaign’s alleged ties with Russia and suffering low job approval ratings. Trump made no mention of the federal probe into whether his campaign colluded with Russia in the 2016 presidential election, a controversy that is dogging his presidency. Trump has denied collusion and has called the probe a “witch hunt.”
The speech was short on details about Trump’s policy proposals.
But his sober, measured approach was welcomed by the public. A CNN/SSRS snap poll said 48% of those surveyed had a “very positive” response to the speech and 22% “somewhat positive.”
There was little sign of unity inside the House of Representatives chamber where Trump spoke. Republican lawmakers cheered wildly at the president’s applause lines. Democrats often sat in their seats silently and many booed when he laid out his immigration proposals.
