Trump administration officials are making building construction more affordable by making the materials used to build the world’s most iconic skyscrapers more expensive.
A new report from the Government Accountability Office shows that the Trump White House is making a number of major changes to the materials that go into construction projects.
According to the GAO, the Trump Administration’s budget for 2018 includes $9.7 billion in funding for building materials.
Of that amount, the budget proposes $4.8 billion to fund the procurement of new materials for the construction of new buildings, including $5.5 billion for materials that “may be used in the construction or renovation of a new or existing building or structure.”
The GAO estimates that the materials to be purchased by the Department of Energy in 2018 will include “steel, aluminum, polycarbonate, polyester, fiberglass, ceramics, polyurethane, polyethylene, and rubber.”
The Office of Management and Budget, meanwhile, is proposing to allocate $9 billion to the Department to make the materials more accessible to the public.
In addition to making these materials more inexpensive, the GAOs report says that the administration is working to make construction more efficient.
This includes: • Making materials more efficient by using less material per unit of work.
In the current building construction environment, materials cost an average of $16,000 to $17,000 per unit.
The Trump Administration is proposing a 25 percent reduction in the cost of materials, which would mean materials would cost an additional $6,400 per project.
• Eliminating the cost burden for workers who work with materials by allowing them to work remotely.
This could result in construction crews working for less money per hour, which is more cost effective.
The GAOs analysis notes that the use of remote workers could result “in a reduction in total costs to the construction contractor.”
This would also mean that fewer people would have to work full-time to complete a project, and therefore less money would be spent on salaries.
• Adding a “material-handling tax” to make more materials more cost-effective.
This tax would require manufacturers to pay for the cost, as well as the use, of materials that are used to construct new buildings.
The Tax Foundation, a conservative think tank, estimates that a tax on the use and manufacture of materials will result in $2.8 trillion in savings for construction companies over the next decade.
The Office for Building Energy, the U.S. Department of Labor, and the U