- "With interest rates for the United States being at ZERO, this is the time to do our decades long awaited Infrastructure Bill," he said in a tweet on Tuesday.
- Trump said the $2 trillion plan should be "VERY BIG & BOLD."
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President Donald Trump is calling for a $2 trillion infrastructure plan amid the coronavirus pandemic, seeking to take advantage of low interest rates.
"With interest rates for the United States being at ZERO, this is the time to do our decades long awaited Infrastructure Bill," Trump said on Twitter.
Earlier this month, the Federal Reserve cut federal borrowing rates to 0% to 0.25% in an effort to curb the economic fallout from the coronavirus.
Trump and Congressional leaders from both parties had been seeking to work on infrastructure prior to the epidemic.
"It should be VERY BIG & BOLD, Two Trillion Dollars, and be focused solely on jobs and rebuilding the once great infrastructure of our Country!" Trump said.
In his tweet, Trump added "Phase 4," indicating that the plan could be bundled as part of the next coronavirus relief package, which Speaker of the House Nancy Pelosi has pushed for.
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