Rock Products is the aggregates industry's leading source for market analysis and technology solutions, delivering critical content focusing on aggregates-processing equipment; operational efficiencies; management best practices; comprehensive market
Issue link: https://rock.epubxp.com/i/945171
8 • ROCK products • March 2018 www.rockproducts.com IN THE KNOW President Trump released his long- awaited infrastructure plan, which states his administration's legislative goals to rebuild our nation's crumbling infrastructure. It includes six principles: • $200 billion in federal funds to spur at least $1.5 trillion in infrastructure investments with partners at the state, local, tribal, and private level. • New investments will be made in rural America, which has been left behind for too long. • Decision making authority will be returned to state and local governments. • Regulatory barriers that needlessly get in the way of infrastructure proj- ects will be removed. • Permitting for infrastructure projects will be streamlined and shortened. • America's workforce will be sup- ported and strengthened. The plan, light on specifics, certainly faces significant hurdles in Congress because it does not offer as much new federal funding as transportation advo- cates want – nor does it directly address how to pay for the effort. The proposal also comes on the heels of a $1.5 trillion tax cut and a $300 bil- lion spending measure signed by the president last week that will add to the federal budget deficit. Republicans have been wary of another big spending measure, especially with mid-term elec- tions approaching in November. "It's a very welcome and necessary way to start a very overdue conver- sation on infrastructure investment," said Michael W. Johnson, IOM, National Stone, Sand and Gravel Association (NSSGA) president and CEO. "We look forward to more in-depth conversa- tions with Congress as they create a bill, and we urge lawmakers to create a robust and long-term solution to our country's chronically underfunded infrastructure. NSSGA supports a wide Trump Unveils Long-Awaited Infrastructure Plan President Trump