trumps new plan - theresa dvorocsik

http://money.cnn.com/2018/02/11/news/economy/trump-infrastructure-plan-details/index.html

The 53-page document lays out his vision: To turn $200 billion in federal money into $1.5 trillion for fixing America's infrastructure by leveraging local and state tax dollars and private investment. "For too long, lawmakers have invested in infrastructure inefficiently, ignored critical needs, and allowed it to deteriorate. As a result, the United States has fallen further and further behind other countries," Trump's message read. "It is time to give Americans the working, modern infrastructure they deserve."

The White House says its plan will create $1.5 trillion for repairing and upgrading America's infrastructure. Only $200 billion of that, however, would come from direct federal spending. The rest is supposed to come from state and local governments, which are expected to match any federal allocation by at least a four-to-one ratio. States have gradually assumed more of the responsibility for funding infrastructure in recent years, and the White House says it wants to accelerate that trend.