Senate Democrats Unveil $1 Trillion Infrastructure Plan
Sen. Chuck Schumer (D-NY) unveiled a proposal to spend $1 trillion over the next 10 years.
Democrats led by Sen. Chuck Schumer (D-NY) unveiled a proposed infrastructure plan that would spend $1 trillion over the next 10 years, according to a report. The plan was an effort to highlight the federal funding they believe is needed to repair old bridges and roads, expand bus and rail systems, and modernize ports, highways, airports, schools, grids, and more.
The funding would come from direct federal spending, as opposed to Trump’s proposed tax breaks for private investors. Economist Edward Glaeser said Trump's proposal from would likely waste funds on unnecessary new roads as opposed to upgrading aging infrastructure.
The plan includes: $210 billion to repair roads and bridges, $110 billion to upgrade local water and sewer systems, $180 billion to replace and expand rail and bus systems, $75 billion to rebuild schools, $70 billion to modernize ports, airports and waterways, and more.
“During his campaign, President Trump talked often about a big and bold infrastructure package,” Schumer said in his remarks. “Well, this is one of the most comprehensive overhaul proposals in a generation, and we’re challenging President Trump to work with us on this broad plan that will sustain our positive economic growth, create millions of jobs, and build a modern economy.”
Edit: This story has been updated to correct a previous error regarding Glaeser's criticism of Trump's infrastructure proposal.