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Infrastructure: Pathway to Pay $2 Trillion Without Raising Taxes Emerges

posted onMay 1, 2019
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Article snippet: They both agreed on the need for a $2 trillion package to rebuild America’s infrastructure, and they agreed they need to find a way to pay for it. They also agreed that sometime over the next three weeks, President Trump will be the driving force in developing a plan to pay for the $2 trillion infrastructure plan and that he will present that idea to the Democrat leaders when he does develop it. According to Politico Playbook, Pelosi called the meeting a “productive meeting” and said that Democrats are “very excited” about doing an infrastructure package that both the Democrat leader and Trump agreed would be “big and bold.” Schumer, per the Politico report, confirmed that the size of the package would be $2 trillion–something everyone agreed on. But the only “sticking point,” Politico reports, is figuring out what is known in Washington-speak as the “pay for”–or the method of raising enough cash to fund the massive program. “Schumer said Trump needs to find a way to pay for this package,” Politico wrote. “The two sides will meet in three weeks, and they expect TRUMP to present ways to pay for the $2 trillion bill. Of course, that’s going to be the singular thing to watch over the next few weeks.” A number of ideas, some with different levels of probability of success, to pay for a $2 trillion infrastructure plan have been in various degrees presented over the past couple years. A top Democrat, speaking on condition of anonymity, told Breitbart News that some Dem... Link to the full article to read more

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