Home What happens to transportation projects under President Trump?

What happens to transportation projects under President Trump?

Transportation has been vastly underfunded in the past two decades, according to most Democrats in the House and Senate. President Obama tried to raise taxes on oil imports and gas usage to fund transportation projects, but Congress has been a stone wall, refusing to raise taxes or spend more on infrastructure.

You would think under Republican President-elect Donald Trump, things are about to get worse, but the billionaire businessman has advocated for more infrastructure spending throughout his campaign.

See Also: Sustainability will be driving the smart city bus by 2020

In his announcement speech, Trump spoke about the need to spend more on our infrastructure: “We have to rebuild our infrastructure. Our bridges, our roadways, our airports.” Trump also lambasted Hillary Clinton’s infrastructure plans, which included $500 billion in spending and loans, saying more is needed.

It sounds like Trump is willing to spend hundreds of billions, if not trillions, fixing and upgrading America’s infrastructure, but details of his plan are sketchy. He hasn’t provided an actual spending figure, and apart from the wall, there aren’t that many signature projects that have Trump’s approval.

Going around Washington

Cities and states have started to bypass Congress entirely when it comes to transportation projects, usually pushing the project to a vote. That has resulted in major projects being approved, like the ½ percent rise in sales tax in Los Angeles, which will provide $120 billion to future transportation and construction projects.

This works for some programs, although states can only go so far when it comes to changing the tax laws and increasing import charges. For massive programs to be approved, Congress would need to change its tune.

Even if Trump were to announce major infrastructure programs, it would be hard to push them through a Republican House and Senate. Republicans have blockaded almost all of Obama’s plans, convinced that infrastructure doesn’t need massive spending increases, and if they do the states can decide.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Get the biggest iGaming headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Gambling News

    Explore the latest in online gambling with our curated updates. We cut through the noise to deliver concise, relevant insights, keeping you informed about the ever-changing world of iGaming and its most important trends.

    In-Depth Strategy Guides

    Elevate your game with tailored strategies for sports betting, table games, slots, and poker. Learn how to maximize bonuses, refine your tactics, and boost your chances to beat the house.

    Unbiased Expert Reviews

    Honest and transparent reviews of sportsbooks, casinos and poker rooms crafted through industry expertise and in-depth analysis. Delve into intricacies, get the best bonus deals, and stay ahead with our trustworthy guides.