Trump to spend $700M to boost U.S. coal production
President Trump will announce on Thursday that he's invoking Cold War-era authorities to dole out $700 million in federal funds to boost coal production in the U.S.
TL;DR
- President Trump will announce the initiative on Thursday.
- $700 million in federal funds will be allocated.
- The funds are intended to boost U.S. coal production.
- Cold War-era authorities will be invoked for the allocation.