The $2T Infrastructure Plan Is Not Going To Happen

The $2T Infrastructure Plan Is Not Going To Happen
AP Photo/Seth Wenig

President Trump and the Democratic Party congressional leaders agreed this week to spend $2 trillion on infrastructure in order to create jobs. It's never going to happen - and that is a good thing.

The infrastructure spending Trump agreed to with Speaker Nancy Pelosi and Senate Minority Leader Charles Schumer is DOA for several reasons. The federal budget doesn't have the money, and congressional Republicans don't have the inclination to dig yet another deep hole of debt. The idea itself is less than serious; apparently Trump embraced it because $2 trillion sounds like more than $1 trillion. In any event, this will be the third time Trump reached a pact with Democrats, only to walk away (gun reform, immigration.)

Read Full Article »


Comment
Show comments Hide Comments


Related Articles

Market Overview
Search Stock Quotes