Will Trump's infrastructure plan help Florida?

President Trump promised a $1 trillion infrastructure program on the campaign trail, and has stuck with it since the election. Details are still thin, but we know something of how the initiative will work and what that will mean for Florida.

Trump's infrastructure initiative focuses on leveraging private capital investment in key federal, state and local projects by using public-private partnerships, known as P3s. This would generally apply to projects that have robust user-fee revenue streams, like toll fees for toll roads, water and sewer fees, port fees and the like. These P3s would finance, redesign, rebuild and modernize, operate and maintain aging or undersized airport, highway, seaport, water-supply and waste-treatment facilities using a mix of debt and equity funding, without making taxpayers foot all of the bill.

A lot of needy facilities in the United States could benefit from such investment, including 130 large-, medium- and small-hub airports, 44,000 miles of non-tolled interstate highways nearing or exceeding their 50-year design lives, more than 2,000 municipal electric and gas utilities, 99 seaports, 56,000 municipal water systems and 15,000 wastewater treatment facilities.