Trump Infrastructure Plan: Pay Tolls And Privatized Highways
As President Donald Trump delivers his first State of the Union address Tuesday, pay close attention to his next big priority—an infrastructure plan—which, over time, could eclipse the trillion-dollar giveaway to the rich in the GOP’s just-passed tax plan. And track the response from Democrats, who will have to decide if they will back a plan drafted by privatization proponents, or if Democrats will represent the public and say no to years of paying off infrastructure bonds sold by Wall Street—tax free to investors—but eating up future tax revenues while imposing new user fees like highway tolls. “[The GOP-passed] tax cuts have slowly opened the door to Wall Street, construction giants, and global water companies, who see enormous potential for profits,” wrote Donald Cohen, president of In the Public Interest, an anti-privatization advocacy group.