- "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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Trump says the time is right to pass a 'BIG & BOLD' $2 trillion infrastructure plan
President Donald Trump said he wants a $2 trillion infrastructure plan to take advantage of low interest rates.
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.
See Also:
- Trump berated a black journalist, telling her to 'be nice' and not 'threatening' at a coronavirus briefing, but she refused to take the bait
- Trump says 'nobody' could've predicted a pandemic like coronavirus. Here are all the times he was warned about it and refused to take action.
- A US senator is calling for an investigation into China's handling of the coronavirus outbreak and wants Beijing to pay for damages
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