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Trump calls for $2 trillion infrastructure package as part of coronavirus response

Trump calls for $2 trillion infrastructure package as part of coronavirus response

CNBC.com
UPDATED TUE, MAR 31 20202:27 PM EDT
Jacob Pramuk

  • President Trump is calling for a $2 trillion infrastructure package as part of the government’s emergency response to the coronavirus pandemic.
  • Democrats Nancy Pelosi and Chuck Schumer have called for increased infrastructure spending to mitigate the outbreak’s effects, after talks between the White House and Democrats failed in recent years.
  • It remains to be seen if Congress will be comfortable passing another mammoth spending measure after approving the emergency $2 trillion coronavirus relief bill last week.

President Donald Trump is ready to spend again.

Four days after signing an unprecedented $2 trillion relief bill to blunt the economic damage from the coronavirus pandemic, the president on Tuesday called for the U.S. to spend another couple trillion bucks on a massive infrastructure package. In a tweet, he wrote that “this is the time” to craft an infrastructure overhaul with U.S. interest rates at zero during the crisis.

“It should be VERY BIG & BOLD, Two Trillion Dollars, and be focused solely on jobs and rebuilding the once great infrastructure of our Country! Phase 4,” the president said, referencing the three pieces of emergency legislation lawmakers have already passed to combat the outbreak rampaging across the U.S... FULL ARTICLE

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