April 30, 2019
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7:20Now PlayingDemocratic leaders said they agreed with President Donald Trump on aiming for a $2 trillion infrastructure plan Tuesday, while leaving open the pivotal question of how to pay for it.
House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer said they agreed to meet with Trump again in three weeks to talk about how to raise the money for such an ambitious infrastructure plan.
“There was goodwill in this meeting, which was different than other meetings we’ve had, and that was a very good thing,” Schumer said. He said they agreed with Trump that the plan more than anything must be “big and bold.”
Trump allies earlier Tuesday downplayed what could be accomplished with Democratic lawmakers whose colleagues are investigating almost every aspect of the Trump administration and in some cases calling for impeachment. Mick Mulvaney, the acting White House chief of staff, speaking in California before the White House meeting said he wasn’t optimistic about getting an infrastructure plan done this year.
Trump’s campaign promise to generate more than $1 trillion in infrastructure proved popular with voters, but also set him apart from traditional Republicans who are generally suspicious of any initiative that would expand the role of government. Although the GOP controlled both chambers of Congress for the first two years of Trump’s presidency, developing an infrastructure investment plan was not a priority for Republican leaders.
The GOP-led Congress did manage to cut taxes -- deeply for corporations, moderately for individuals -- which they said was aimed at stimulating the economy. The cuts also added to projected budget deficits and left federal coffers without funds to invest in infrastructure.
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