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Thread: Trump says infrastructure plan could top $1 trillion

  1. #1

    Trump says infrastructure plan could top $1 trillion

    Trump says infrastructure plan could top $1 trillion

    President Donald Trump told chief executives of major companies on Tuesday that his administration is working on an infrastructure plan worth $1 trillion or maybe more.

    Trump told the audience that he wants to speed up permitting for road and bridge projects and that federal money wouldn’t go to projects that couldn’t be started within three months.

    “If you have a job that you can’t start within 90 days, we’re not going to give you the money for it,” he said.

    Trump spoke at a “CEO town hall” run by the White House and attended by the heads of companies including JetBlue Airways JBLU, -0.63% , Vornado Realty Trust VNO, +0.77% and MasterCard MA, -0.13% . More than 50 executives attended.

    “We’re talking about a very major infrastructure bill of a trillion dollars, perhaps even more,” Trump said.

    Trump didn’t detail how the trillion-plus dollars would be funded. At the same event, Transportation Secretary Elaine Chao said the administration plans to unveil a bill in May. She described the trillion dollars as being spread over 10 years.

    The administration is reportedly considering a combination of $100 billion to $200 billion in federal dollars and offering tax credits to private companies. During the campaign, Trump advisers floated a plan of tax credits as an incentive for a trillion dollars in private investment.

    The White House is working on infrastructure and tax reform plans, and there has been speculation that the two could be combined. On Tuesday, the Washington Post reported the Trump administration is exploring the creation of two controversial taxes — a value-added tax and a carbon tax — as revenue raisers for tax reform.

    Deputy White House Press Secretary Lindsay Walters said in a statement that “as of now, neither a carbon tax nor a VAT are under consideration.” She said Trump’s team is getting input from experts on all sides of the tax reform debate.
    http://www.marketwatch.com/story/tru...ion-2017-04-04
    Last edited by CPUd; 04-04-2017 at 08:28 PM.
    I dont think that there will be any curtailing of Donald Trump as president, he said. "He controls the media, he controls the sentiment [and] he controls everybody. Hes the one who will resort to executive orders more so than [President] Obama ever used them." - Ron Paul



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  3. #2
    And none of that money nor his suggested tax cuts were included in his rough budget proposal released in March. In that, he said his budget would not increase spending because more money for defense would be offset by cuts elsewhere. The infrastructure spending would be about twice what he has asked for in new defense spending ($54 billion there vs $100 billion to $200 billion a year on infrastructure). It also did not include the costs of his wall. Designs are currently being submitted for that with some demo wall sections being set up in San Diego (which already has border walls/ fencing).

    The White House is working on infrastructure and tax reform plans, and there has been speculation that the two could be combined. On Tuesday, the Washington Post reported the Trump administration is exploring the creation of two controversial taxes — a value-added tax and a carbon tax — as revenue raisers for tax reform.
    Carbon tax? Didn't Trump say global warming was fake and pull down all government references to it from their computer systems? Such a tax would effect energy companies which he has said he wants to reduce taxes and burdens on. A value-added-tax would be basically a national sales tax. Adding new taxes when claiming he wants to simplify the tax system? Hmm. Stay tuned. Also keep in mind that Trump can only propose spending and taxes- Congress has to write and enact all spending/ tax bills and he only gets to sign (or veto) what the put together.
    Last edited by Zippyjuan; 04-04-2017 at 08:44 PM.

  4. #3
    "Fail to plan, plan to fail."

  5. #4
    Quote Originally Posted by silverhandorder View Post
    Notice who is laying low. All the people we accuse of being liberal.
    //
    "The Patriarch"

  6. #5
    Quote Originally Posted by Origanalist View Post
    //
    Aaw has Susan Rice shell shock wear off? It's ok I predict Tomo they will start defending her.
    Quote Originally Posted by Cowlesy View Post
    Americans in general are jedi masters of blaming every other person.

  7. #6
    Quote Originally Posted by silverhandorder View Post
    Aaw has Susan Rice shell shock wear off? It's ok I predict Tomo they will start defending her.
    You must be addressing someone else, I didn't understand any of it. Try writing something a adult can understand junior.
    "The Patriarch"

  8. #7

  9. #8
    Trump will build the roads! But who will build the wall!?



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  11. #9
    Yep, Trump's Keynesian stimulus is just as bad as when Obama did it.
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul

    Proponent of real science.
    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  12. #10
    Quote Originally Posted by Brian4Liberty View Post
    Yep, Trump's Keynesian stimulus is just as bad as when Obama did it.
    ...which Trump praised at the time.

  13. #11
    I am on the side of letting Trump do what he wants with the tax receipts and minimal borrowing. So if he wants to use all that money to build muh roads, so be it.. His healhcare bill was actually OK but we all had to let the perfect be the enemy of the good and now we are stuck with Obamacare.

    Reinstate AuH2O

  14. #12
    Quote Originally Posted by juleswin View Post
    I am on the side of letting Trump do what he wants with the tax receipts and minimal borrowing. So if he wants to use all that money to build muh roads, so be it.. His healhcare bill was actually OK but we all had to let the perfect be the enemy of the good and now we are stuck with Obamacare.

    Reinstate AuH2O
    Is he banned again? That was fast.
    "The Patriarch"

  15. #13
    $#@! ya, now THATS the Trump I voted for !
    It's all about taking action and not being lazy. So you do the work, whether it's fitness or whatever. It's about getting up, motivating yourself and just doing it.
    - Kim Kardashian

    Donald Trump / Rand Paul (Vice Pres) 2016!!!!

  16. #14
    Somebody give more rep to the texan

  17. #15
    Quote Originally Posted by afwjam View Post
    Somebody give more rep to the texan
    Oh, ok.
    "The Patriarch"

  18. #16
    $1T?

    And from which of the money trees you see growing here, in my orchard behind me is this trillions of dollars supposed to fall, as manna from heaven itsownself?
    Through lives and lives shalt thou pay, O' king.

    Freedom will be stolen from you in a heartbeat if you do not behave as a wild and ravening beast pursuant to its protection.

    "Government" is naught but a mental construct, a script to which people meekly accept and play out their assigned roles by those with no authority to dictate such.

    Pray for reset.




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  20. #17
    I dont think that there will be any curtailing of Donald Trump as president, he said. "He controls the media, he controls the sentiment [and] he controls everybody. Hes the one who will resort to executive orders more so than [President] Obama ever used them." - Ron Paul

  21. #18
    Charlie Gasparino talked about this today, says this initiative is the brainchild of Michael Cohen (lifelong hardcore Democrat) and Jared Kushner.
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul

    Proponent of real science.
    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  22. #19
    Quote Originally Posted by r3volution 3.0 View Post
    ...which Trump praised at the time.
    Yep, no surprise here. Trump the crony Keynesian socialist is spending big money. Who will get these contracts?
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul

    Proponent of real science.
    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  23. #20
    Quote Originally Posted by juleswin View Post
    His healhcare bill was actually OK but we all had to let the perfect be the enemy of the good and now we are stuck with Obamacare.
    Are you serious right now? LMAO!

  24. #21
    1$ trillion is a small price to pay for a little maga. I think China paid $2 trillion to maga. Newbs.
    Quote Originally Posted by dannno View Post
    It's a balance between appeasing his supporters, appeasing the deep state and reaching his own goals.
    ~Resident Badgiraffe




  25. #22
    Quote Originally Posted by Brian4Liberty View Post
    Yep, no surprise here. Trump the crony Keynesian socialist is spending big money. Who will get these contracts?
    I'll run cable anywhere y'like for $1 a foot plus $100 per drop. Give me a building or seven. I don't GAF, I'm cynical anymore.

  26. #23
    Quote Originally Posted by GunnyFreedom View Post
    I'll run cable anywhere y'like for $1 a foot plus $100 per drop. Give me a building or seven. I don't GAF, I'm cynical anymore.
    Wiring a nice brand new building seems like a nice gig. Small, dirty crawl spaces under and above old houses, not so much.
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul

    Proponent of real science.
    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  27. #24
    Quote Originally Posted by Brian4Liberty View Post
    Yep, no surprise here. Trump the crony Keynesian socialist is spending big money. Who will get these contracts?
    The best people.



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  29. #25
    shovel ready
    I dont think that there will be any curtailing of Donald Trump as president, he said. "He controls the media, he controls the sentiment [and] he controls everybody. Hes the one who will resort to executive orders more so than [President] Obama ever used them." - Ron Paul



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