COVID-19Financial

Trump calls for $2T infrastructure bill as ‘Phase 4’ of coronavirus response

March 31, 2020 / By Brooke Singman | Fox News

President Trump on Tuesday called for a $2 trillion infrastructure bill to serve as “Phase 4” of the federal government’s coronavirus response efforts, just days after Congress approved a massive stimulus package worth even more than that.

“With interest rates for the United States being at ZERO, this is the time to do our decades long awaited Infrastructure Bill,” Trump tweeted Tuesday. “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 has sought a major infrastructure bill ever since taking office and would appear to be pitching that plan anew as a form of economic stimulus. The president’s tweet comes as lawmakers in both the House and the Senate already are eyeing a fourth coronavirus response bill, though some have voiced caution about continuing to appropriate such massive sums of money.

“I think the odds are we’ll need more legislation. First, we don’t know the extent of the crisis in terms of the magnitude, so that could rise. But there are going to be problems that we don’t realize now that we’re going to have to grapple with,” Senate Minority Leader Chuck Schumer, D-N.Y., said recently, according to The Hill. “So I think the odds are high there will be a COVID-4.”

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Chris J. Stewart

Chris currently serves as Chief Executive Officer of Surgio Health as well as Chief Operating Officer at Ortho Spine Partners. Prior to that, he was the assistant vice president and business unit leader of Medical Device Management for HealthTrust Purchasing Group (HPG).

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