Sell, sell

“The Federal Government owns and operates certain infrastructure that would be more appropriately owned by State, local, or private entities,” the Trump plan says. It calls for giving federal agencies “authority to divest of Federal assets where the agencies can demonstrate an increase in value from the sale would optimize the taxpayer value.”The Washington region’s George Washington Memorial Parkway and the Baltimore-Washington Parkway, both run by the National Park Service, are listed as “examples of assets for potential divestiture.” It was not immediately clear what public or private entity might buy those roads, whether they might be tolled, or other details. Same with the two airports in Virginia, which are leased from the federal government.The Trump proposal is consistent with an overall $200 billion infrastructure initiative, a year in the making, that is focused on speeding up permitting by reducing environmental regulations, and trying to prompt state and local governments and private industry to spend more on projects without making major new federal investments.

The Reagan boondogle debt cannot be rolled over, time to  pay the principal.