Trump Raises Infrastructure Investment Plan To $1.7 Trillion

By Kitco News / January 24, 2018 / www.kitco.com / Article Link

WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday that his long-awaited plan to help rebuild the nation’s infrastructure will result in about $1.7 trillion in overall investment over the next 10 years, a larger figure than he has previously announced.

The plan, which will be detailed in part at next week’s State of the Union address, “will actually probably end up being about $1.7 trillion,” Trump told a gathering of mayors at the White House. Trump had previously estimated that the plan, which is expected to feature a mix of federal and local investment, at $1 trillion.

Reporting by James Oliphant; Editing by Lisa Shumaker

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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