President Donald J. Trump’s Plan to Expand Infrastructure Investment will Build a Stronger American Economy | Eastern North Carolina Now

Expanding infrastructure investment would increase American economic growth and prosperity

ENCNow
Press Release:

    GROWING THE AMERICAN ECONOMY: Expanding infrastructure investment would increase American economic growth and prosperity.

  • President Donald J. Trump's proposal for rebuilding infrastructure in America uses $200 billion in Federal funds to spur at least $1.5 trillion in infrastructure investments.
  • According to an analysis by the Council of Economic Advisers (CEA), a 10-year $1.5 trillion infrastructure investment program could add between 0.1 and 0.2 percentage points to annual average gross domestic product (GDP) growth.
  • Stronger GDP growth from increased infrastructure investment would help boost the American economy, raise wages for American workers, and improve the standard of living in American communities.

    GENERATING ECONOMIC OPPORTUNITY FOR AMERICAN WORKERS: New investments in infrastructure would provide American workers with well-paying job opportunities.

  • A major infrastructure investment program would provide employment opportunities for Americans who did not attend college.
  • CEA estimates that a $1.5 trillion infrastructure investment would result in the employment of 290,000 to 414,000 additional infrastructure workers, on average, over a ten-year window.
    • There are an estimated 350,000 infrastructure workers currently unemployed and available to fill positions.
    • The positive effect on employment could be even greater if States loosen licensing requirements that prevent workers from working across State lines.

  • Increasing infrastructure employment would especially benefit workers with fewer years of education.
    • In 2016, 62 percent of infrastructure workers had a high school degree or less.
    • Infrastructure jobs pay workers without any college education median hourly wages that are 14 percent higher than other occupations.
    • Skilled trade jobs often involved in infrastructure work provide a wage premium of 32 percent.

  • President Trump's plan includes reforms to improve access to education and workforce-development programs, including expanding Pell Grant eligibility to high-quality, short-term programs and reauthorizing the Carl D. Perkins Career and Technical Education Act.
    • These reforms would help prepare American workers to fill infrastructure jobs as well as jobs in other sectors of the economy.


    DELIVERING PROJECTS TO AMERICAN COMMUNITIES SOONER: Inefficient Federal permitting and review processes are slowing down infrastructure projects, delaying community access to needed improvements.

  • The time it takes for infrastructure projects to navigate Federal environmental reviews is increasing, creating further delays for much-needed infrastructure projects.
    • The final Environmental Impact Statements issued in 2016 took an average of 5.1 years to complete, up more than 8 percent from 2014.
    • Average Federal permit approval times have also increased in some sectors.

  • Reforming Federal regulations and permitting processes to speed up project completion times would give communities faster access to rebuilt and modernized infrastructure.
  • Reducing project completion times would give communities quicker access to the time savings, health and safety benefits, and increased business activity that come along with infrastructure investments.
  • The President's plan for rebuilding infrastructure in America shortens the environmental review process to two years and establishes a "one agency, one decision" structure.



Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )




DOA Secretary Machelle Sanders Comments on New Status of Women in NC Fact Sheet News Services, Government, State and Federal Readout of President Donald J. Trump's Call with Prime Minister Theresa May of the United Kingdom


HbAD0

Latest State and Federal

Vice President Kamala Harris’ husband, Doug Emhoff, admitted that he cheated on his first wife with the couple’s babysitter after a report was published on Saturday that said the marriage ended after he got the babysitter pregnant.
Two applicants have filed certificate of need applications with the North Carolina Department of Health and Human Services to develop a fixed MRI scanner in response to a need determination in the 2024 State Medical Facilities Plan.
A black Georgia activist became the center of attention at a rally for former president Donald Trump on Saturday when she riled the crowd in support of Trump and how his policies benefit black Americans.
A federal judge ruled on Monday that Google has a monopoly over general search engine services, siding with the Justice Department and more than two dozen states that sued the tech company, alleging antitrust violations.
Acting U.S. Secret Service Director Ronald Rowe told reporters on Friday that his agency was fully responsible for the assassination attempt on former President Donald Trump last month and that the agency “should have had eyes” on the roof where 20-year-old Thomas Matthew Crooks.
President Joe Biden and Vice President Kamala Harris faced backlash Thursday afternoon over what they told Israeli Prime Minister Benjamin Netanyahu during a call.
The bomb that killed Ismail Haniyeh, the top leader of Hamas, in Iran early Wednesday was planted several weeks ago, according to a new report.
This afternoon’s update included a reduced threat of storm surge for our area, and an increased concern for downriver flooding for areas along the lower Tar River early next week as a result of inland rainfall.

HbAD1

Kari Lake emerged victorious on Wednesday in her bid to become the GOP nominee in Arizona‘s 2024 U.S. Senate race.
The former lover and mentor of Kamala Harris, Willie Brown, who served as mayor of San Francisco, had an extra-marital affair with Harris, and appointed her to two positions when he was California’s Speaker of the Assembly, has advised her to keep her actual ideology fuzzy
The Kamala Harris campaign reportedly blocked reporters from speaking to voters at an event on Monday featuring Democratic governors Gretchen Whitmer of Michigan and Josh Shapiro of Pennsylvania.
North Carolina Democratic Gov. Roy Cooper, who was reportedly under consideration to run with Vice President Kamala Harris on the Democratic presidential ticket, said on Monday that it “wasn’t the right time” for him to “potentially” run for vice president.
Fox News contributor Guy Benson warned on Tuesday that legacy media was likely to aid the Kamala Harris campaign, turning the last 100 days before the 2024 presidential election into a “three-month honeymoon.”
The afternoon updates have included another increase in expected rainfall amounts, and provided us with additional details related to the timing of our forecasted impacts.
President Joe Biden called for term limits for Supreme Court justices on Monday after weeks of attacking previous court decisions on presidential immunity and abortion.
Former President Donald Trump said during an interview this week with Fox News host Laura Ingraham that he believes someone convinced Vice President Kamala Harris to get rid of her “crazy laugh” because of how it makes her look to voters.

HbAD2

 
Back to Top