Trump upends infrastructure talks with trade demand via ReutersTV
WASHINGTON - Democrats in Congress will press U.S. President Donald Trump at a White House meeting on Wednesday for details on how to pay for a massive boost in U.S. infrastructure spending after agreeing in April to try to win approval of a $2 trillion package.
The Democrats made no mention of Trump’s demand on Tuesday that Congress first approve a new North American free trade deal before moving to infrastructure. Trump also suggested Congress use a surface transportation measure that expires in September 2020 as a vehicle for infrastructure spending. Senator Tom Carper, the top Democrat on the Environment and Public Works Committee, said in an interview on Tuesday that the United States has an $800 billion backlog of badly needed projects.
Fitch noted that as the federal government has failed to act, 31 states have raised gas taxes since 2013, including four in 2019. But Fitch said state and local governments are unable to raise adequate funds to fully address infrastructure needs on their own.
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