2018-02-11 07:30:00 Sun ET
technology social safety nets education infrastructure health insurance health care medical care medication vaccine social security pension deposit insurance
President Trump unveils his ambitious $1.5 trillion public infrastructure plan. Trump proposes offering $100 billion in federal incentives to encourage states and cities to invest in roads, bridges, highways, railways, and water utilities etc. The federal incentives help spur $1.5 trillion infrastructure expenditures over the next decade. Transportation Secretary Elaine Chao indicates to the House Transportation and Infrastructure Committee that the Trump team seeks to work with Congress to find bipartisan solutions. All options are on the table, and the Trump administration is open to considering all revenue sources.
This plan calls for allocating at least $200 billion in initial federal funds to encourage states, cities, and the private sector to spur $1.5 trillion infrastructure expenditures over the next decade. Also, this plan would reduce the amount of time for issuing onsite construction permits for infrastructure projects to 2 years.
Since his presidential election victory, Trump has thus far focused on bilateral trade, healthcare, immigration, gun control, and other socioeconomic issues. There may or may not be enough time for passing an infrastructure bill in late-2018.
U.S. lawmakers may need to act fast during a lame-duck interim session after the November 2018 midterm elections.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-09-21 09:41:00 Friday ET
Former World Bank and IMF chief advisor Anne Krueger explains why the Trump administration's current tariff tactics undermine the multilateral global tr
2017-05-07 06:39:00 Sunday ET
While the original five-factor asset pricing model arises from a quasi-lifetime of top empirical research by Nobel Laureate Eugene Fama and his long-time co
2018-08-07 07:33:00 Tuesday ET
President Trump sounds smart when he comes up with a fresh plan to retire $15 trillion national debt. This plan entails taxing American consumers and produc
2017-05-31 06:36:00 Wednesday ET
The Federal Reserve rubber-stamps the positive conclusion that all of the 34 major banks pass their annual CCAR macro stress tests for the first time since
2020-09-15 08:38:00 Tuesday ET
Macro eigenvalue volatility helps predict some recent episodes of high economic policy uncertainty, recession risk, or rare events such as the recent rampan
2020-03-26 10:31:00 Thursday ET
The unique controversial management style of Steve Jobs helps translate his business acumen into smart product development. Jay Elliot (2012) Leading