Icons of Infrastructure
At a White House meeting Wednesday, January 24 where President Donald Trump highlighted his infrastructure plan, Mesa, Ariz., Mayor John Giles predicted that the Trump plan “will be a huge blessing” for cities. Giles was in D.C. for a U.S. Conference of Mayors (UCM) meeting. The White House had invited about 125 of the more than 250 mayors who were at the UCM session to a brief infrastructure presentation.
How likely will Congress pass a Trump infrastructure plan in 2018? Very likely, if it meets certain requirements, says William Eliopoulos at Rutan & Tucker LLP in Palo Alto, Calif.
“Until we see a plan, it’s impossible to tell whether Congress will approve it. It is true that there is widespread bipartisan support for new infrastructure in Congress, so a well-crafted infrastructure plan can be expected to pass Congress as long as it scores well in terms of financial impact as a long term budget item,” says Eliopoulos. He is chair of his firm’s Infrastructure/Public Private Partnerships (P3) Practice Group.
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