The White House will release its long-awaited infrastructure plan on Monday, which calls for spending $200 billion in federal funding over 10 years to stimulate $1.5 trillion in new infrastructure investment, as well as overhauling the federal permit process for large infrastructure projects.

 

The administration sees the projects including any various transportation public works, but also technology as well, such as expanding rural broadband. A pool of $50 billion in rural funding will go to governors as block grants as well.

 

The $200 billion, over 10 years, wouldn't necessarily be new spending -- unless Congress chooses otherwise -- because a senior White House official told reporters President Donald Trump's budget proposal coming out Monday would take the $200 billion in infrastructure spending out of other parts of the federal government.

 

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