Trump Wants $200 Billion for Infrastructure, Mulvaney Says
- Says private ‘leverage’ could take total spend to $1 trillion
- Plan won’t be ready until this fall, budget director says
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President Donald Trump plans to propose spending about $200 billion in taxpayer dollars on an infrastructure development plan that would leverage private financing, his budget director said -- adding that the plan won’t be ready until this fall.
“We’re certainly going to spend some money,” Office of Management and Budget Director Mick Mulvaney said Thursday at an event sponsored by the Institute of International Finance. “The president wants a trillion dollars worth of work on the ground and we’re going to give it to him.”