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On Wednesday, House Minority Leader Nancy Pelosi told fellow Democrats that her party wants to work with Trump "to pass a bill very fast," according to a source on a conference call. But Congress has been stuck for years on the question of how to pay for such projects, with suggestions such as bonds, enhanced revenues from tax reform, some hoped-for peace dividend or a hike in the gasoline tax all coming and going with no action.
Trump will most likely have great sway with the GOP-held Congress, however, especially after his surge in the polls helped Republicans retain control of the Senate. That tax scheme would apply only to money-making infrastructure projects like toll roads and airports.
But, he added, "We certainly believe that we need additional federal investment, but really finding funding to do that — using some traditional or creative sources to generate new revenues — is important. But Thomson noted that that has been out of reach for some time — through both Democratic and Republican administrations.
Chamber of Commerce, said his group will make a case to the Trump administration that some kind of sustainable funding fix should be part of whatever plan the new president offers.The cost of the asset including the cost to ready the asset for its intended use.
Acquisition cost for equipment, for example, means the net invoice price of the equipment, including the cost of any modifications, attachments, accessories, or auxiliary apparatus necessary to make it usable for the purpose for which it is acquired.
“Our nation’s infrastructure issues are vast, and they go well beyond just road and bridge repair,” Senate Minority Leader Charles E. Schumer (D-N.Y.) said in a statement announcing the plan. Proposal for Services Template – Download Now.
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