Trump Looking At Another $2 Trillion Stimulus Package Aimed at Infrastructure

Yesterday morning President Donald Trump went to Twitter expressing his desire to introduce a large infrastructure bill:

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

— Donald J. Trump (@realDonaldTrump) March 31, 2020

Of course this coming after the US has already introduced a $2 trillion stimulus package along with a $4 trillion central banking package. This morning US Treasury Secratry was on CNBC and gave a little more colour, I suppose:

“We think it is a great time now to invest in infrastructure.” Treasury Sec. Mnuchin says there have been “ongoing conversations” about infrastructure investment plans. https://t.co/Q1AWbEAKrQ pic.twitter.com/qVXKiPkGZ8

— CNBC (@CNBC) April 1, 2020

Mnuchin didn’t deny the likelihood suggesting to expect more bills than the recently announced $2T package. It’s looking like the US has turned into some sort of communist regime; with no intention to move backwards.

We believe there will be more bills. And it’s a great time to invest in infrastructure.

US Treasury Secretary, Steven Mnuchin

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Information for this briefing was found via the Twitter and CNBC. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.