Trump Considers $1 Trillion for Infrastructure to Spur Economy
The Trump administration is preparing an up to $1 trillion infrastructure package focused on transportation projects as part of its push to spur the world's largest economy back to life, a source familiar with the situation said on Tuesday.
The Department of Transportation's preliminary version reserves most funds for projects such as roads and bridges, but will also set aside about a quarter of the money for priorities such as 5G wireless infrastructure and rural broadband, two sources said.
The White House, which has made similar proposals in recent years, is aiming to unveil its latest effort in July, one of the sources said. News of the potential additional stimulus, first reported by Bloomberg, supported a U.S. stock market rise on Tuesday.
https://www.newsmax.com/economy/trump-1-trillion-infrastructure-economy/2020/06/16/id/972386/?gdpr_consent=&gdpr=false
