Trump’s “America First“ Infrastructure Plan: Let Saudi Arabia and Blackstone Take Care of It

” …. But the third [deal struck in Saudi Arabia], which was rolled out much more quietly, is no less stunning: The Saudi kingdom joined forces with a top outside adviser to Trump to build a $40 billion war chest to privatize U.S. infrastructure. The vehicle would employ the same kind of public-private partnerships, known as P3s, the Trump administration has endorsed for its trillion dollar infrastructure plan. The deal hands over control of projects to rebuild American roads and bridges to the private sector [Blackstone]  and a foreign country [Saudi Arabia]. More …

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