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Trump to go for Infrastructure Bill in early 2018.

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posted on Dec, 27 2017 @ 02:08 AM
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West Palm Beach, Florida (CNN)

President Donald Trump, looking ahead to a critical election year where his record will be on the ballot alongside Republican lawmakers, plans a major push on infrastructure in January, aides said this week.

Before decamping to his Florida estate for the holiday, Trump predicted his effort to repair the country's roads, airports and bridges would garner bipartisan support with ease.

But his plan of winning over Democrats -- critical to passing such a spending package -- remains a long shot, given the President's own divisive politics, the details of his proposal and the pending midterm election.

Despite promising a $1 trillion infrastructure bill during the campaign, Trump's plan is shaping up differently. A White House official said on Tuesday the current proposal -- set to be unveiled in the middle of January -- would propose spending at least $200 billion on infrastructure projects over the next decade, with the hopes of spurring an additional $800 billion in state and local funding.

www.cnn.com...


I think that on top of that proposal the Trump administration should create an American Infrastructure Bank through which to run major P3 Projects, as a collaborative effort between the States and the Federal Government, and even International Financiers ie: Consortiums. Provided that any external investors buy American and hire American and only lease never own the asset, then I don't see why the Trump administration couldn't round up trillions and trillions of dollars, and here I'm taking about new infrastructure, not simply upgrading the existing infrastructure or infrastructure renewal, which is a State-based activity. The Saudis might have every reason to invest 100's of billions into the development of a 21st century American infrastructure development program..

What are your thoughts and ideas?

Do you think Trump will get this done? He seems to think that he's going to win Democratic approval for it (that should be interesting..).

edit on 27-12-2017 by AnkhMorpork because: edit




posted on Dec, 27 2017 @ 02:18 AM
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Looks like Trump is taking a page out of the Obama playbook.

While this may be expert political maneuvering, it should be noted that spending cuts is one of the reasons he got elected. Still waiting to hear about that.



posted on Dec, 27 2017 @ 02:19 AM
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Hmmm lets see...

www.usdebtclock.org...

Yep its still $20,608,000,000,000++++++++++++

Polishing the brass on the Titanic, I'm afraid...




edit on 27-12-2017 by IgnoranceIsntBlisss because: (no reason given)



posted on Dec, 27 2017 @ 02:30 AM
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a reply to: IgnoranceIsntBlisss

i actually never know who we actually owe this money to. is it in our currency, is it compounding interest, and how do we actually make capital to offset said interests, are we making minimum payments?

when did the national debt actually began?
edit on 27-12-2017 by odzeandennz because: (no reason given)



posted on Dec, 27 2017 @ 02:34 AM
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a reply to: odzeandennz

I'm a bit hazy on the specifics, but a huge slice is direct to the owners of the Federal Reserve, and then the rest is to foreign states. It totally stokes their ego having US as debt slaves I'm sure. They get to trade it in for real properties and such too; influence; blind eyes; cruise ships, hot chicks and blow.

edit on 27-12-2017 by IgnoranceIsntBlisss because: (no reason given)



posted on Dec, 27 2017 @ 02:35 AM
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What happened to the "Trump to Unveil $1 Trillion Infrastructure Bill" that was posted Tuesday morning? I see it in the search results, but upon clicking the link, that thread is now gone. It had lots of contributions by afternoon. Bummer.



posted on Dec, 27 2017 @ 02:38 AM
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a reply to: carewemust

I guess the OP was half arse.




posted on Dec, 27 2017 @ 02:58 AM
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To address some of the comments above.

An American Infrastructure Bank could set the funds apart from the treasury, and then, after 10 years, maybe it could morph into something else and replace the Federal Reserve Bank, and generate the leverage by which to cut the debt in half, while again, killing the Fed.

Maybe I don't know what I'm talking about but it seems like a reasonable thing to do, while bringing the wealth back home as Trump promised.

The American dollar should only be issued on the authority of the American people and Congress and it shouldn't be issued out of thin air at interest.

edit on 27-12-2017 by AnkhMorpork because: (no reason given)



posted on Dec, 27 2017 @ 03:17 AM
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posted on Dec, 27 2017 @ 03:28 AM
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a reply to: AnkhMorpork

Sorry, but one thing does not necessarily relate to the other.

Truth be told, most currency exchanges will resemble BitCoin by the 2020s.

Dinosaur financial systems like the Federal Reserve won't be able to compete, which is why so many statements against cryptocurrencies have been floating around for so long.

Even now entire industries are seeking better and more secure financial transaction technologies that are sucking the life out of central banking due to their inherent decentralization, security, and stability.

Expect the Asian markets to start making a lot of noise about cryptocurrencies early in 2018 as they fear national currencies won't fair well in a North Korean war scenario.

People are looking away from the financial system of yesterday. One that is full of security failures so huge that nearly every American has had their personal data stolen. The only answer to this is to decentralize and heavily encrypt. Now here we are.

Infrastructure comes later. I think the American people need to be given a chance to make it better ourselves rather than trying to rely on the dinosaur system of government bureaucracy.

I saw an awesome video of a group of teens in Detroit's poorest neighborhoods setting up their own networks to access the internet. No ISP required.

That's the bandwagon I'm getting on. Decentralization, digitizing and encrypting everything, reducing government spending and over-regulation, and letting us, the American people, fix what needs to be fixed.

I'm not a pie in the sky libertarian. I don't believe EVERYTHING can be handled or should be handled by the private sector. But there's a whole lot that would probably fair a whole lot better if people were allowed to do it themselves. Infrastructure is a place that I think we'd be better off without government. They gave us the start of what is now an antiquated interstate system, power grid, water management, and natural resource management systems. Like anything else in government, the reason is that while private innovation speeds along, government implementation moves at government speeds. Add cronyism and other BS into the mix and you get the worst possible quality you can get.

Most government computer systems are unsecured. Frighteningly so. Much of our electronics technology is manufactured in China, this has led to security concerns at the Pentagon. The OPM hack was was one the largest breaches of government systems ever, and it was committed by Chinese hackers. The US government is way behind the curve on security and I don't trust them to build a smart grid, an updated highway system with integrated technologies to assist drivers, decentralized power generation and distribution(really important as state governments allow monopolies to run), and highly encrypted decentralized digital currencies that spend with the same anonymity as cash.

We can do that far better than the government. We are now moving slowly toward that future. All we need government to do is keep the playing field level by protecting and enforcing the rights of all participants and getting the hell out of the way.
edit on 27 12 17 by projectvxn because: (no reason given)



posted on Dec, 27 2017 @ 03:43 AM
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a reply to: AnkhMorpork

We have lots of things we can cut like a bloated military budget for wars we don't need; however, we sure as hell need this infrastructure bill to pass.

It will put Americans to work and update an ancient power grid and road system. I can't imagine that Trump wouldn't get bi-partisan support for this Bill. It is too important for anyone to play politics and really is no brainer even for the witless dolts in Congress.
edit on 2017/12/27 by Metallicus because: Spacing / Spelling



posted on Dec, 27 2017 @ 03:52 AM
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My thinking is that with the passage of the Tax Cut and Jobs Act, America will once again offer a very favorable environment for major investment.

Why not use Infrastructure like a magnet for drawing wealth back into the USA, while also driving manufacturing of the materials needed.

So what you get some toll roads, bridges, trains. It would be worth it, provided that the Trump admin doesn't sell any US infrastructure assets in the process.

If I was the crown prince of Saudi Arabia, I'd recognize the opportunity as part of the strategy for maintaining and preserving Saudi wealth for the balance of this century and beyond.

The same thing might apply to China and Asian wealth.

The USA is still the engine that drives the global economy.. and infrastructure, in large measure, makes that engine go via the exchange of goods and services and general economic activity over and above the engineering and construction of the infrastructure itself.

edit on 27-12-2017 by AnkhMorpork because: (no reason given)



posted on Dec, 27 2017 @ 04:06 AM
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a reply to: Metallicus

Of course we need this. And Trump promised his people a wall. The question is, will Congress increase the deficit to pay for it? I would have much rather have had infrastructure over tax giveaways.



posted on Dec, 27 2017 @ 04:16 AM
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a reply to: IgnoranceIsntBlisss

thx. im a bit ill-informed on this whole topic.
time for some more inquisition into it.



posted on Dec, 27 2017 @ 05:32 AM
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a reply to: AnkhMorpork




He seems to think that he's going to win Democratic approval for it

Why wouldn't he? This is something everybody wants.



posted on Dec, 27 2017 @ 05:37 AM
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originally posted by: MOMof3
a reply to: Metallicus

Of course we need this. And Trump promised his people a wall. The question is, will Congress increase the deficit to pay for it? I would have much rather have had infrastructure over tax giveaways.


Well, I am glad you weren't able to steal more of my money. We can probably agree we can cut defense spending at least, right? As far as taxes I am keeping my earnings, but feel free to donate whatever you want to the Government.



posted on Dec, 27 2017 @ 05:40 AM
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a reply to: scraedtosleep

Lol. The one time democrats won't have to fight republicans to spend money. Good things happen when we spend money in America. Glad the Republicans came around and will probably borrow the money for that infrastructure and and a wall.



posted on Dec, 27 2017 @ 05:46 AM
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a reply to: Metallicus

I reckon in time I will find out if a trillion dollars was worth a one time $800.

No. I don't believe debt and deficits matter. I hope you get to get all the money you want.



posted on Dec, 27 2017 @ 06:01 AM
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a reply to: MOMof3

The wall is a dum idea.
The infrastructure is what we need.



posted on Dec, 27 2017 @ 06:11 AM
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originally posted by: scraedtosleep
a reply to: MOMof3

The wall is a dum idea.
The infrastructure is what we need.
The two go hand in hand. The wall is here to stay.




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