President Trump Just Donated His Entire 4th Quarter Paycheck To Help Rebuild America!
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And once again President Trump is doing exactly what he said he would do during the 2016 campaign.
The very next day after rolling out a major infrastructure plan the White House promptly announced that the President’s fourth-quarter earnings salary of $100k will be going to rebuilding what Press Secretary Sarah Huckabee Sanders called ‘our crumbling infrastructure.”
Elaine Chao, who is the Transportation Secretary, and also Mitch McConnell’s wife, was on hand to accept President Trump’s generous donation in the press briefing room on behalf of her department.
Although the president’s donation is nothing compared to what he wants to spend on infrastructure in the coming years it’s still a lot more than any other past president has ever given, especially Democrat presidents in recent past. This donation will go towards the proposed $21 billion infrastructure spending proposal for the fiscal year 2019 which was announced on Monday. But this is only a small part of a proposed larger spending plan that would dedicate $200 billion to infrastructure over the next decade.
Here is more on the proposed Infrastructure spending bill via USA Today:
“President Trump will unveil his long-awaited infrastructure proposal Monday to shift $200 billion over the next decade from other federal programs to pave the way for $1.5 trillion for roads, bridges, waterways and railways.
Trump’s approach is to let Congress negotiate the details. His four objectives are to stimulate new investment, streamline federal permitting, invest in rural projects and improve the workforce, according to four senior administration officials who briefed reporters Saturday.
Spurring construction is broadly popular. But critics are already calling Trump’s approach “fake” and a “scam” for its lack of new revenue and because of its reliance on funding from local governments and private investors.
“This fake proposal will not address the serious infrastructure needs facing this country, so our potholed roads will get worse, our bridges and transit systems will become more dangerous, and our tolls will become higher,” Rep. Peter DeFazio of Oregon, the top Democrat on the Transportation and Infrastructure Committee, said in a Saturday radio address.
Trump’s proposal is built on top of existing construction programs with an eye toward encouraging greater local investment, according to senior administration officials. Polls show people would prefer to have projects determined locally, rather than sending their money to Washington, according to the officials.
More about President Trump and infrastructure:
Trump State of the Union: “There has never been a better time to start living the American dream”
States with the riskiest roads, bridges and dams
Dynamic tolls: How highways can charge $40 for driving just 10 miles
Trump and members of his Cabinet will tour the country to point out where construction is needed — and where admirable projects have been accomplished, according to senior administration officials.
A poll administration officials cited from September found 84% of Americans think the country needs infrastructure investment. The Harvard CAPS-Harris poll surveyed 2,177 registered voters.
Groups such as the National Association of Counties, the National Conference of State Legislatures and the U.S. Conference of Mayors issued a joint statement Thursday welcoming Trump’s focus on infrastructure.
Trump’s program will be debated by six committees in the House and five in the Senate. The administration has been conferring with lawmakers since March 2017 on the program, holding 40 meetings with caucuses or other groups to gauge priorities and get feedback, according to a senior administration official.
Congress could still develop its own funding. Trump is open to new sources of revenue, according to senior administration officials.
In 2015, lawmakers patched $70 billion from sources such as a Federal Reserve surplus, Customs and Border Protection fees and the sale of part of the strategic petroleum reserve in order to provide $305 billion for the last five-year highway bill.
The gas tax traditionally funded the highway trust fund. But the tax has remained 18.4 cents per gallon since 1993, and it hasn’t kept pace with inflation as cars became more fuel-efficient.
The U.S. Chamber of Commerce, an influential advocacy group for businesses, proposed in January raising the gas tax 5 cents each year for five years to generate $394 billion over a decade.