President Trump’s fiscal 2018 budget proposal confirms that he will seek $200 billion in federal infrastructure funds over 10 years to spark several hundred million dollars more from non-federal sources. But the budget, released on May 23, doesn’t specify how the $200 billion would be split among agencies and notes that there would be only $5 billion in outlays from the initiative in 2018.
The budget says that, besides federal funds, Trump’s $1-trillion overall infrastructure “target” would include “incentivized non-federal funding” and “expedited projects that would not have happened but for the administration’s involvement.” For example, it cites the Keystone XL oil pipeline, whose price tag is $3.3 billion.