President Donald Trump will send Congress a proposal to hand over control of the U.S. air-traffic control system to a nonprofit corporation, part of a weeklong push for his infrastructure plan, said Gary Cohn, the White House's chief economic adviser.

Mayors and state lawmakers from both parties are blasting President Donald Trump’s proposed transportation budget and $1 trillion infrastructure initiative, saying his plans would cut federal funding for critical projects and leave them holding the bill.

The nation once built things fast and cheaply. Now experts are puzzled why costs are higher and projects take longer than in other countries.

WASHINGTON — The leader of the Highways and Transit Subcommittee in the U.S. House of Representatives is not so certain his colleagues will go for a raise in fuel taxes to back a multiyear infrastructure funding plan this year, despite assurances from senior transportation leaders on Capitol Hill suggesting otherwise.

Rural roads don’t get much attention in the national debate about infrastructure spending, but many local lanes also are in need of upgrades from handling freight traffic that is being either diverted from or headed to major highways, state association executives said.

President Donald Trump’s $1 trillion plan for improving the nation’s infrastructure isn’t enjoying the immediate bipartisan support he may have hoped for.

Legislation that would establish an infrastructure investment bank that would facilitate access to private capital for new bridges, tunnels and freight corridors was unveiled recently by a group of senators.

Barring something catastrophic, Rep. Sam Graves (R-Mo.) says the House will definitely produce an infrastructure bill this year, and while everything's on the table, he tells TT's Eugene Mulero "it will be hard to pass a gas tax in this Congress."

It isn’t often that industry supports raising taxes. That seems to be the case with American roads and bridges, however, with both industry officials and the Trump administration signaling that they might be amenable to raising the federal fuel tax to pay for road improvements.

Blackstone Group, the world’s biggest private equity manager, is eyeing more than $100 billion in infrastructure investments with a new strategy anchored by Saudi Arabia’s Public Investment Fund.