Democrats’ Proposal for Spending $760 Billion in US Infrastructure over Five Years

On Wednesday, January 29, 2020, US Democrats made a proposal of a $760 billion budget for infrastructure development of the country over five years. Democrats are expecting to make a deal with the White House soon to execute the proposed projects.

Trump’s Promise on Infrastructure Development Failed

The proposal made by Democrats in the US House on Wednesday aimed at rebuilding bridges, repairing roads, and most importantly, reducing carbon emission of the country which would be the projects of 5 years. Democrats’ projects would now seek the intention of the US president, Donald Trump to convene a talk on the matter and approve a deal for the development of country’s basic requirements.

Trump’s campaign for the 2016 election also made promise for the development of the country’s infrastructure by spending at least $1 trillion over a decade but his administration in 2018 instead pushed the US Congress to support a $200 billion plan. Republicans in Congress showed little interest for the massive budget package for infrastructural development and focused on the policy of tax cut and health policy.

Again in April 2019, Trump and Democratic leaders had come into an agreement to spend $2 trillion on infrastructure but the Trump administration cancelled the agreement a week later after a congressional investigation moved against him. Following the April Meeting, the then House Majority Leader, Steny H. Hoyer (D-Md.) reiterated saying that no Democrat or Republican in the House or Senate “is going to support $2 trillion if you’re not leading the way on how we raise that dollar.”

Democrats described the new proposal as an inclusive package to develop the overall infrastructure of the US including roads, bridges, rail, public transit, water, internet expansion, electric grids, aviation, and “brownfield” land which were deteriorating over the years. Peter DeFazio, who chairs the House Transportation and Infrastructure Committee, declared, “There are so many ways we can deal with the climate crisis by solving our congestion and infrastructure crisis,”

Democrats’ plans for Allocation of the Budget

Democrats emphasized on Wednesday that they needed to discuss with the White House about how to allot the budget for the proposed plan. House Speaker, Nancy Pelosi put that they would call for vote “when we’re ready.” The White House criticized the Democrats’ plan as being “far from bipartisan.”

White House spokesman, Judd Deere said in a statement, “In contrast, The White House is encouraged by the bipartisan legislation moving through the Senate and believes it to be a good starting point to tackling this issue for the American people.”

The leaders of Democrats had shared a preliminary outline regarding the allocation of the proposed budget including spending $329 billion over five years on surface transportation, with a focus on fixing the 47,000 structurally deficient US bridges. Apart from that, the leaders projected to spend $1.5 billion on the development of an electric vehicle charging station.

Republicans on the House Transportation and Infrastructure Committee said that the US Congress would be able to pass infrastructure legislation this year which made a way for road repairing funds and existing gasoline tax. Democrats projected their budget estimation based on categories including an investment of $105 billion in transit, $55 billion in rail spending, $30 billion in airport investments, and $86 billion to expand internet access.

I’m Roshan, a journalist, blogger and music lover. I like covering global news related to finance, business, and technology. Focusing on the collection of true and reliable information, I rely on working by conducting interviews with business leaders and talking to the inside sources of companies.

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