Article snippet: The White House Monday will unveil the main objectives it wants Congress to include in a legislative plan to try to tackle the nation’s crumbling infrastructure. A senior administration official told reporters Saturday that President Donald Trump will call for $200 billion in new federal funds that the administration anticipates will “stimulate $1.5 trillion in new investment in infrastructure” – with states, local governments and private partnerships expected to bear the brunt of the financial burden for achieving one of the president’s key campaign promises. On Monday, the president is set to host a White House meeting of key Republicans and Democrats, including chairmen and ranking members from relevant committees, to discuss the way forward on infrastructure. The infrastructure outline will feature four overarching goals, according to the White House: stimulate $1.5 trillion in new investment and infrastructure; shorten the permitting process to two years; invest in rural infrastructure; and make improvements in training the workforce that would be generated as a part of the plan. HOW WILL THE MONEY BE ALLOCATED? On generating the $1.5 trillion in new investment out of just $200 billion in federal funds, the official said that $100 billion of the money will go towards incentives for state and local governments to use in starting up infrastructure projects. Twenty billion will go towards expanding loan programs and private activity bonds. Fifty billion... Link to the full article to read more