Trump Campaign Gives Infrastructure Dollar Goal; Broadband Relevance Still Unknown
Republican presidential nominee Donald Trump's campaign provided more details about the candidate's promised infrastructure funding goals, but didn’t say whether the plan would involve funding for broadband infrastructure. Democratic presidential nominee Hillary Clinton wants a $275 billion infrastructure funding package…
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for her administration’s first 100 days that would include broadband (see 1609230040). In Trump’s first 100 days as president, he would advance an American Energy & Infrastructure Act before Congress, which would leverage “public-private partnerships, and private investments through tax incentives, to spur $1 trillion in infrastructure investment over 10 years,” Trump said Saturday. “It is revenue neutral.” His Restoring National Security Act, a measure also set for the first 100 days, would protect “our vital infrastructure from cyber-attack,” he said. In a Friday speech, Trump said the infrastructure funding plan could be “achieved through a focus on public-private partnerships, proven financing programs, and tax credits that incentivize companies to make major job-and-wealth producing investments in the local economy.” The campaign didn’t say Monday whether broadband would be involved. Sen. Chuck Schumer, D-N.Y., expected to lead Senate Democrats next Congress, recently told CNBC that infrastructure funding will be a top priority for 2017. Schumer raised the idea to “get overseas money to come back here” and use it for infrastructure, as in an infrastructure bank, he said. Clinton specifically backed an infrastructure bank, as did Sen. Amy Klobuchar, D-Minn. (see 1610180049).