Aides Sketch Likely Outline of Trump Infrastructure Program

Bloomberg reports on the emerging Trump infrastructure development program, noting that the administration “is looking ‘very carefully’ at Australia’s model for financing roads, bridges and other public projects,” according to a co-chair of the president’s infrastructure task force. (He also gives a favorable nod to the Indiana Toll Road privatization deal.) Bloomberg adds that transportation secretary Elaine Chao says the administration will have a legislative package on infrastructure ready “in the coming months,” and “[t]he plan will rely on public funding and public-private partnerships, . . . and financing may also come from repatriation of overseas earnings planned for upcoming tax legislation.”