After tax reform, the Trump administration is now eyeing infrastructure reform. A senior administration official says the administration plans to issue its long-promised infrastructure plan in early January, according to Bloomberg.

In his campaign days, Donald Trump said that he is in favor of beefing up public spending by hundreds of billions of dollars on infrastructure. In fact, he proposed $1 trillion infrastructure spending financed by new tax credits to goad private equity investors. In a nutshell, he would deploy $200 billion in federal money over the next decade to “incentivize another senior administration official says in spending from state and local authorities and private entities.”

Increased outlays will be aimed at improving roads, bridges and telecommunications. He also promised ease in regulations. Since these measures are expected to balloon the federal deficit, Trump also sought to put an embargo on Federal Government employment in his campaign days to keep a check on payrolls (read: Welcome Trump Era with These ETFs).

However, opponents of the Trump administration are of the view that the passing of an infrastructure bill is unlikely after the White House failed to link it directly to the tax-reform bill and that funding will be a problem.

Still, a member of the far-right House Freedom Caucus, indicated on Thursday that lawmakers are “kicking around” a new funding strategy. If such a policy materializes, the following ETFs will be undoubtedly benefited.

DJ Brookfield Global Infrastructure ETF (TOLZ – Free Report)

The underlying index of the fund — The Dow Jones Brookfield Global Infrastructure Composite Index — takes into account companies domiciled globally that qualify as pure play infrastructure companies. The fund has about half of its exposure in the United States. There are 140 companies in the fund charges 46 bps in fees. The fund yields about 3.16% annually (as of Dec 7, 2017) (read: 5 Top-Ranked Sector ETFs Thankful to Trump).

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