Rock Products

MAR 2018

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

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10 • ROCK products • March 2018 www.rockproducts.com IN THE KNOW Suspended Magnets • Metal Detectors 814-835-6000 • www.eriez.com Heavy-Duty Vibratory Feeders Mechanical Feeders • Low profile design • Faster feed rates for highest capacities Electromagnetic Feeders • No wear parts • Energy efficient AC operation Mechanical & Electromagnetic Feeders • Feeds stockpile hoppers • For the toughest environments • Wear-resistant & non-stick liner FAST FACT The plan calls for $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. variety of funding options to shore up the Highway Trust Fund. America wants and needs strong infrastructure investment, and we need action now." Trump said the plan will lead to at least $1.5 trillion in investments to rebuild our failing infrastructure and develop innovative projects. • $200 billion in federal funds will spur at least $1.5 trillion in new infrastruc- ture investments. • Federal infrastructure spending will promote state, local, and private investments and maximize the value of every taxpayer dollar. • Of the $200 billion, $100 billion will create an Incentives Program to spur additional dedicated funds from states, localities and the private sector. • Applications for the Incentives Pro- gram will be evaluated on objective criteria, with creating additional infrastructure investment being the largest factor. The Incentives Program will promote accountability, making federal funding conditional on proj- ects meeting agreed upon milestones. • $20 billion will be dedicated to the Transformative Projects Program. This program will provide federal aid for bold and innovative projects that have the potential to dramatically improve America's infrastructure. The program will focus on projects that could have a significant positive impact on states, cities and localities but may not attract private sector investment because of the project's unique characteristics. • $20 billion will be allocated to expanding infrastructure financing programs. Of the $20 billion, $14 bil- lion will go to expanding a number of existing credit programs: TIFIA, WIFIA, RRIF, and rural utility lending; $6 billion will go to expanding Private Activity Bonds; and $10 billion will go to a new Federal Capital Revolving Fund, which will reduce inefficient leasing of Federal real property which would be more cost-effective to purchase. The new fund will allow some incremental revenues from energy development on public lands to pay for the capital and maintenance needs of public lands infrastructure. Rural America's infrastructure has been left behind for too long, and Trump's plan indicates it will be supported and modernized. • $50 billion of the $200 billion in direct federal funding will be devoted to a new Rural Infrastructure Program to rebuild and modernize infrastructure in rural America. • The bulk of the dollars in the Rural Infrastructure Program will be allo- cated to state governors, giving states the flexibility to prioritize their com- munities' needs. • The remaining funds will be dis- tributed through rural performance grants to encourage the best use of taxpayer dollars. President Trump's proposal will return decision-making authority to state and local governments, which know the needs of their communities. Funds awarded to state and local authorities, such as through the Incentives Program and the Rural Infrastructure Program, will be allocated to infrastructure projects they prioritize. This empow- ers states and localities to make more infrastructure investment decisions and prioritize projects based on the needs of their communities. The plan will expand processes that allow environmental review and per- mitting decisions to be delegated to states. The plan will also allow fed- eral agencies to divest assets that can be better managed by state or local

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