President’s Infrastructure Proposal Delayed

Clark Hill PLC
Contact

President’s Trump’s campaign promise to implement massive infrastructure spending likely delayed until after the State of the Union address.

While campaigning, President Trump promised to both expedite the processes relating to federal approval of infrastructure spending and massively increase infrastructure spending. As this article confirms, the plan has been yet to be provided. Trump’s two main goals for the bill are to inject $1 trillion worth of overall investment into the nation’s infrastructure and bring down the lengthy construction permitting process to two years. White House officials told a bipartisan group of lawmakers on Capitol Hill that the proposal could now be released after Trump’s inaugural State of the Union address on January 30, 2018.

Presumably, much of the infrastructure spending will focus on repairing and restoring existing facilities. However, a flood of new money could result in long-planned projects being implemented and result in the use of eminent domain to facilitate those projects. For people who have been living with the vague future threat of a taking, that threat could move closer to a reality with a new infrastructure bill.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Clark Hill PLC

Written by:

Clark Hill PLC
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Clark Hill PLC on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide