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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/ 
Infrastructure update: Trump is *allegedly* releasing his infrastructure principles on Monday (the same day that his President's Budget is expected to be released). reuters.com/article/us-usa… 1/
The overlapping timing is an... interesting... choice given that his last budget SLASHED funding for infrastructure. Releasing his plan and his budget on the same day will make clear whether seriously investing in infrastructure is REALLY a priority. indivisible.org/resource/trump… 2/
His principles leaked last month, and here's what we know about them.
1. His "$1.5 trillion plan" only has $200B in federal funding, offset by "unspecified $ cuts." (Read: could be Medicaid, nutrition assistance, housing, legal aid, or even other infrastructure programs!) 3/
1. His "$1.5 trillion plan" only has $200B in federal funding, offset by "unspecified $ cuts." (Read: could be Medicaid, nutrition assistance, housing, legal aid, or even other infrastructure programs!) 3/
