It's not being paid for with taxpayer money. Funding is private from banks and such. That said, you might end up right after all when this scheme fails and the culprits are suitably rewarded with government bailouts
Given it's a private initiative, this could be a business plan that has been in the works a long time and they've just rolled it out via Trump as a way to curry favour.
If it really has been stitched up last minute with some political meddling, chances are higher it'll be one of those plans that they can readily back out of, go slow, and generally leave to die after an outlay that's a miniscule fraction of the initial promise. If that's the case, no-one would ever really notice: no big announcement, no headlines, just a vague memory that once some company said that they would do something.
