Still waiting for infrastructure plan

The Trump Administration held a flurry of infrastructure related meetings last week. Lawmakers are still waiting for more details on the $1 trillion infrastructure plan that Trump touted during the campaign. There is uncertainty as to how much actual funding will be allocated to the infrastructure plan, and the President has questioned the role of public-private partnerships (P3s) in his plan, which is a shift from previous announcements . In all likelihood, the Administration’s proposal will include a mix of of P3s and state funding sources since it is not clear that Republicans will be supportive of a $1 trillion federal funding plan.The tax reform effort is expected to occupy Congress for the rest of this year and it is highly unlikely that we will see proposed infrastructure legislation by the end of the year.