President Donald Trump is promoting plans for $1 trillion in U.S. infrastructure spending aimed at boosting jobs and the economy. Rough Cut (no reporter narration).
ROUGH CUT (NO REPORTER NARRATION) President Donald Trump on Wednesday promoted plans for $1 trillion in U.S. infrastructure spending aimed at boosting jobs and the economy in a move that could shift attention from a probe into alleged ties between his campaign and Russia. "It is time to rebuild our country, to bring back our jobs, to restore our dreams, and yes, to put America first," Trump said, according to excerpts released by the White House. "We are going to restore America's industrial might, creating the jobs and tax base to put new infrastructure all over this country." Speaking in Cincinnati, Ohio, Trump reviewed a proposal announced earlier this year to leverage $200 billion in his budget proposal into a $1 trillion of projects to privatize the air traffic control system, strengthen rural infrastructure and repair bridges, roads and waterways. Trump is pointing to a government program that allows the private sector to tap into low-cost government loans called the Transportation Infrastructure Finance and Innovation Act as a way to leverage federal funds with state, local, and private sector funding.