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Schumer: Infrastructure tax credits won’t ‘get the job done’

Schumer: Infrastructure tax credits won’t ‘get the job done’

The Hill
BY MELANIE ZANONA - 01/03/17 02:47 PM EST  

New Senate Minority Leader Charles Schumer reiterated on Tuesday that Democrats are open to working with President-elect Donald Trump on his promised $1 trillion infrastructure package, but he said new revenue would be required.

The New York Democrat warned that private tax credits won’t be enough to “get the job done” when it comes to financing massive infrastructure spending.

“The President-elect said a great many things about rebuilding our infrastructure. Democrats welcome that discussion. But how is he going to do it?” Schumer said in his first floor speech of the new Congress. “A program of tax credits isn’t going to get the job done, no matter how large.” FULL ARTICLE

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