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Trump's infrastructure plan is out (released on same day as his proposed budget later this AM).
First thing to know: it is NOT a "$1 trillion infrastructure plan." It is $200 billion in federal spending OFFSET by cuts to other programs, including infrastructure programs! 1/
First thing to know: it is NOT a "$1 trillion infrastructure plan." It is $200 billion in federal spending OFFSET by cuts to other programs, including infrastructure programs! 1/
Here's the plan: whitehouse.gov/wp-content/upl…
Reading through now and will tweet some reactions, and will probably get interrupted by budget release (happy Monday).
2/
Reading through now and will tweet some reactions, and will probably get interrupted by budget release (happy Monday).
2/
To underscore previous point, key word here is "stimulate." Trump expects $200 billion in federal spending (offset by program cuts) to generate the other $850 billion. That's an absurd assumption and there's nothing to back it up. 3/ 
