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IPFS News Link • Economy - Economics USA

Trump Calls For Additional $2-Trillion Bailout In Phase-4 Stimulus

• https://needtoknow.news, ZeroHedge

President Trump has called for $2 trillion in infrastructure spending in the upcoming 'phase 4' coronavirus stimulus.

"With interest rates for the United States being at ZERO, this is the time to do our decades long awaited Infrastructure Bill. It should be VERY BIG & BOLD, Two Trillion Dollars, and be focused solely on jobs and rebuilding the once great infrastructure of our Country! Phase 4," Trump tweeted on Tuesday.

As we noted earlier, Congressional Democrats and the White House have been compiling their lists of what they say is needed in the next package.

Prime among them is "our infrastructure needs," according to House Speaker Nancy Pelosi, who told MSNBC on Tuesday that "Many more people are teleworking, or tele-educating or really communicating with family and friends."

"There are infrastructure needs that our country has that directly relate to how we are proceeding with the coronavirus. Many more people are teleworking, or tele-educating or really communicating with family and friends," said Pelosi, according to te Washington Times.


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