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'Canada does not treat us right' says Trump

'Canada does not treat us right' says Trump

President Donald Trump proposed a budget Monday that hits the poorest Americans the hardest, slashing billions of dollars in food stamps, health insurance and federal housing subsidies while pushing legislation to institute broad work requirements for families receiving housing vouchers, expanding on moves by some states to require Medicaid and food stamp recipients to work. Consequently, the full implementation of the program involves close association with state and local governments and the budgetary restraints, therein.

The president's plan would use $200 billion in federal money to leverage local and state investments.

In keeping with another Trump campaign promise, the budget provides for $200 billion in federal funds meant to spur $1.5 trillion in infrastructure investments with state, local and private partners over the next 10 years - an ambitious program that will have to be approved by Congress.

The White House plan "acknowledges fiscal reality and takes significant steps towards reducing the deficit", he added. Out of the elected officials invited, five were Democrats, one of which was Virginia Governor Ralph Northam.

"Let me tell you what that entails".

Trump invited Northam to share his thoughts on infrastructure. "So we're going to be doing very much a reciprocal tax". "We have to rebuild our country". The latest iteration of Trump´s fiscal policy will drop the long-held Republican goal of balancing the federal budget within a decade, The Washington Post reported. "We are in position to be the best port, and we want to make sure that we have the depth", Northam stated.

U.S. Rep. Sheila Jackson Lee, D-Texas, called it "a morally bankrupt budget". According to a report from Transport Topics, Virginia Port Authority CEO John Reinhart explained that, "Widening the channel allows for two-way traffic, increases the pace of commerce and makes way for the expeditious movement of Navy vessels in a time of need".

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Earlier: Do Chinese steel imports threaten national security? "The long-term economic benefits of this project include job creation, economic investment and the efficient flow of goods to Virginians, to multiple markets in the Mid-Atlantic and into the nation's Heartland", said Reinhart. "Congress should reject this ill-advised proposal and continue its strong, bipartisan support for this vital program".

In response to Northam's charge to the port construction, President Trump replied, "Just put it on the list.  The President's proposal dedicates $50 billion to enable rural America to address its unique infrastructure challenges, rebuilding, and modernizing bridges, roads, water and wastewater assets, water resources, waterways, power generation assets, and broadband".

For Texas, there is more uncertainty surrounding the infrastructure plan as well.

IFM Investors recently raised US$1.7bn for its global infrastructure fund. "NTCA is eager to work with the administration and Congress to develop further how such funding can be made available and most effectively utilized", the release stated. The inspiration was France's Bastille Day celebration a year ago, which Trump attended in Parade with French President Emmanuel Macron, and apparently found very impressive.

Another major focus is to streamline the approval process for bigger projects, cutting down regulatory red tape. There has been a longstanding fight over that Obama-era definition under Waters of the US rule, which the Trump administration is seeking to roll back.

"We sent up $54 billion worth of savings a year ago to [Capitol Hill], and they took about $5 billion worth of it". Democrats refused to go along without higher spending for non-defense programs as well, ranging from healthcare to infrastructure. However, P3s are not approved in all states.