Is America’s “Crumbling Infrastructure” Overblown?

President Trump wants to spend $1.5 trillion rebuilding America's infrastructure – roads, bridges, airports, railroads, ports, water systems and whatnot – over the next decade. In his latest record-breaking $4.4 trillion federal budget for FY2019, Mr. Trump included an initial $200 billion for infrastructure spending, which he hopes to leverage to $1.5 trillion by getting state and local governments to put up the remaining $1.3 trillion. Good luck with that!