Skip to Site Navigation | Skip to Content

Trump, Pelosi see ‘Phase 4’ coronavirus package that includes infrastructure spending

Trump, Pelosi see ‘Phase 4’ coronavirus package that includes infrastructure spending

MarketWatch.com
Published: March 31, 2020 at 12:42 p.m. ET
By Victor Reklaitis

House Speaker Nancy Pelosi also calls for additional payments to Americans, more aid for state and local governments and other steps

As Washington considers other steps for responding to the coronavirus pandemic and the resulting economic damage, President Donald Trump and House Speaker Nancy Pelosi both have suggested a “Phase 4” package could include spending on infrastructure.

Trump on Tuesday called for $2 trillion in spending on infrastructure, saying in a tweet that it was time to “be VERY BIG & BOLD” while interest rates are low.

The president’s statements on Twitter come after Pelosi on Monday said a “Phase 4” coronavirus stimulus package ought to include a bipartisan deal on infrastructure spending. In his tweets on Tuesday, Trump used the term “Phase 4” and said Pelosi “wasn’t bad” in a TV appearance on Tuesday.

The California Democrat on Monday also said she would like to see the next bill feature “more direct payments” to Americans, more money for state and local governments, increased protections for workers, more assistance for hospitals and nursing homes and “more opportunity for family and medical leave.” FULL ARTICLE

No comments (Add your own)

Add a New Comment


code
 

Comment Guidelines: No HTML is allowed. Off-topic or inappropriate comments will be edited or deleted. Thanks.