Today, the Council of Economic Advisers (CEA) released a report detailing the potential economic benefits from a comprehensive public infrastructure program. Please see below for the executive summary and read the full report here.

In this paper, CEA investigates the likely impacts from a comprehensive public infrastructure program. The program includes a 10-year, $1.5 trillion program of infrastructure investment as well as new administrative and regulatory policies intended to increase efficiency and speed delivery of infrastructure projects. CEA assesses the likely impacts of the program across three key domains: GDP growth, time needed for project completion, and labor market opportunities for infrastructure workers.