Posted on 03/31/2020 9:45:15 AM PDT by Nero Germanicus
President Trump on Tuesday encouraged Congress to pass a $2 trillion infrastructure bill as the next piece of legislation to boost the economy amid the coronavirus pandemic.
"With interest rates for the United States being at ZERO, this is the time to do our decades long awaited Infrastructure Bill," Trump tweeted.
"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 last week signed into law a $2 trillion economic relief package targeting small businesses and workers impacted by the fallout of the virus. Lawmakers are already eyeing a fourth stimulus package to try and keep the economy afloat, and House Democrats have zeroed in on major investments in infrastructure.
Democrats have suggested an infrastructure bill could include updates to public drinking water systems and hospital capacity, as well as upgrades to rural broadband in light of increased teleworking and online schooling during the pandemic. The upshot would include additional jobs at a time when unemployment filings are skyrocketing into the millions, Democrats argue.
Some in the party have also signaled a phase four stimulus bill could include other measures left out of earlier packages, such as expanded paid leave for workers and parents forced to stay at home during the outbreak and increased worker protections.
Trump's backing could push Republicans to support such a measure, though GOP leaders have been hesitant to move forward with legislation that might include certain Democratic priorities they argue are unrelated to combating the virus.
(Excerpt) Read more at thehill.com ...
Our airports are fine.
Oh man c’mon Donald, how many of Pelosi’s crap sandwiches are you going to eat? I can just hear that old bag cackling gleefully “I read your book you magnificent bastard!”
Hoe many shivel-ready projects are there out there?
The world can’t take this.
NO MORE BOONDOGGLES!!!
What was the last bill for? No more!
We’re spending the earnings of people who haven’t even been born yet.
Correct. There has to be control.
But I’ve seen the reverse, too. In OH they would pass police/fire “wage increases” and then use the money to fix the roads, so they could come back the next year and ask for more “police/fire” wage increases.
Will completing a big beautiful wall be infrastructure?
Just emailed the President to stated enough is enough! He needs to hear from all of us!
Yes, and we can have China pay for it in my dream fantasy.
Yes the Kennedy center needs a new wing.
I think we should spend on 5g with only USA firms no Huawei
crap.
We should spend to bring American manufacturing home again
MAMA Make America Manufacture Again.
Love your MAMA
Right, let’s spend more pork building roads for people being forced to stay home.
Worse, Obama just bought signs to put on existing projects saying, “brought to you by Obama stimulus”.
Yes, let’s rebuild airports for all of those flights not flying.
And empty.
We just tossed $2.2 billion bucks out the window trying to fix the impact of the virus and economic collapse. How about we and the government let some time pass to access what good it does and what mistakes or wast were made?
The rush to spend more trillion$ is nuts.
A Pelosi wish list? No thanks!
When the dust settles we'll still have a lower debt/GDP ratio than Greece, though not lower than any of the other PIGS. Why do I not believe we won't be financing this with 30 year maturities. I suppose the debt will be someone elses problem. Like my grandkids.
Just have the debt yield negative interest and then never pay it off. The US could just issue debt for the rest of eternity. Free money!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.