Trump: U.S. will only fund shovel-ready infrastructure projects

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Reveals infrastructure bill could spend upwards of $1 trillion US

The Associated Converging
Posted: Apr 04, 2017 11:33 AM ET
Last Updated: Apr 04, 2017 1:27 PM ET

U.S. President Donald Trump contemplates he only wants to fund infrastructure jobs that are shovel-ready.

At the start of a town-hall shape event with CEOs, Trump said: “if you have a job that you can’t start within 90 primes, we’re not going to give you money for it … because it doesn’t help us.”

Trump touted the design he says is in the works, telling the room, “We’re talking about a very larger infrastructure bill of a trillion dollars, perhaps even more.”

Trump overly his predecessor for spending too much economic stimulus money on social programs.

Both Barack Obama and George W. Bush trade marked stimulus acts during their presidencies in response to the Great Slump. Roughly a third of Obama’s $800 billion US stimulus in 2009 was tax percentages.

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