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What does the president plan to do with that funding? >> the highway trust fund does need to be addressed. every year they go out of it we, in conjunction with the congress, have got to address this issue we look forward to addressing with congress how to do that. >> the white house doesn't have a proposal right now for that? >> we don't want to do it unilaterally. we want to discuss the infrastructure needs of our countr

Stimulating at least $1.5 trillion in infrastructure investment. minimum of $200 billion in direct federal funding. key element is to empower decision making at the state and the local level because state and local officials know best the infrastructure needs of their communities. one to use federal dollars to encourage infrastructure investment by the state, localities and the private sector. three, streamline project delivery and, four, invest in

Communities, people, taxpayers and our communities. they take that money, send it to washington and then we decide how to use it and send it back to the communities with a lot of strings attached on what they need to do. so what we are trying to do is to recognize the states and localities, communities, understand best what their infrastructure needs are and to allow them to have much greater flexibility to decide their own product in conjunction and partnership with the federal government. >> one of the other criticisms about the president's plan is that it doesn't include addressing the high...

Need to be addressed because every year more money goes out of it than receipts are received. and this will be a huge problem in 2021. so with, in conjunction with congress, have got to address this issue so we're not in any disagreement about that. the issue is how. and we look forward to consulting with congress on how to do that. again, the cliff begins in 2021. >> the white house doesn't have anything for that? >> we don't want to do it unilaterally. the president's proposal consisted on principles. and we want to discuss and work in consultation on a bipartisan basis with the hill to addr...

Includes a minimum of $200 billion in direct federal funding and a key element to empower decision making at the state and the local level because state and local officials know best the infrastructure needs of their communities. many of you know that the principles are behind this. and so i wanted to reiterate some of the principles. the principles behind this proposal are, one, to use federal dollars as seed money to encourage infrastructure investments by the state, locality and the private sector. two, provide for the infrastructure needs of rural communities. three, stream line project de...