Trump: I am 'looking hard' at bipartisan infrastructure plan of $1-2 trillion

Trump: I am 'looking hard' at bipartisan infrastructure plan of $1-2 trillion
© Getty Images

President TrumpDonald John TrumpTrump orders US troops back to active duty for coronavirus response Trump asserts power to decide info inspector general for stimulus gives Congress Fighting a virus with the wrong tools MORE said Saturday that he is "looking hard" at an infrastructure plan that would cost between $1 trillion and $2 trillion, days after Democratic congressional leaders said they reached an agreement with the president to seek a deal on a $2 trillion infrastructure bill.

“There is nothing easy about a USA Infrastructure Plan, especially when our great Country has spent an astounding 7 trillion dollars in the Middle East over the last 19 years, but I am looking hard at a bipartisan plan of 1 to 2 trillion dollars. Badly needed!” Trump tweeted Saturday morning.

Trump's comments came days after Speaker Nancy PelosiNancy PelosiDC argues it is shortchanged by coronavirus relief bill Overnight Health Care — Presented by PCMA — US coronavirus cases hit 100,000 | Trump signs T stimulus package | Trump employs defense powers to force GM to make ventilators | New concerns over virus testing Hillicon Valley: Apple rolls out coronavirus screening app, website | Pompeo urged to crack down on coronavirus misinformation from China | Senators push FTC on price gouging | Instacart workers threaten strike MORE (D-Calif.) and Senate Minority Leader Charles SchumerCharles (Chuck) Ellis SchumerTexas man arrested for allegedly threatening Democrats over coronavirus bill Pelosi not invited by Trump to White House coronavirus relief bill's signing COVID-19, Bill Barr and the American authoritarian tradition MORE (D-N.Y.) met with the president on Tuesday. Schumer said after the sit-down that “there was goodwill” on both sides toward crafting a major piece of legislation on infrastructure.

The Democratic leaders, however, cautioned that the parties had not decided on how to fund the $2 trillion package that aims to improve U.S. roads, bridges, waterways and broadband. They will meet again in three weeks to solicit Trump’s ideas on funding.

ADVERTISEMENT

Despite the rare bipartisan development, Trump still faces stiff opposition from the GOP in his desire for such a sweeping infrastructure package.

The agreement between Trump and Democratic leadership was met with concern from conservatives on Capitol Hill over how the government would pay for the infrastructure plan, with many Republicans voicing resistance to raising taxes to secure the funds.

“You would have to have a gas tax to do it, and we’re not for a gas tax,” Rep. Mark MeadowsMark Randall MeadowsThe Hill's Morning Report - Presented by Airbnb - Senators clinch deal on T stimulus package White House, Senate reach deal on trillion stimulus package The Hill's 12:30 Report: Lawmakers near deal on stimulus MORE (R-N.C.) told The Hill on Thursday. “I mean, $1 trillion you could maybe do; $2 trillion, there is no way to get the money other than raising taxes and there is not an appetite for an increase in taxes by Republicans in the House or the Senate.” 

“No, I wouldn’t raise taxes,” said Sen. Steve DainesSteven (Steve) David DainesHow much damage? The true cost of the Senate's coronavirus relief bill McConnell says T bill is 'emergency relief' and not a 'stimulus' The Hill's Campaign Report: Biden moves to unify party before general election MORE (R-Mont.). “That’s going to be the heaviest lift of all of this, is figuring out a way here from a fiscal viewpoint making this affordable on our current balance sheet.”

Republicans, who are seeking a major legislative win ahead of the 2020 election, have floated various plans to pay for an infrastructure plan.

House Minority Leader Kevin McCarthyKevin Owen McCarthyLysol, disinfecting wipes and face masks mark coronavirus vote in House Trump signs T coronavirus relief package Pelosi not invited by Trump to White House coronavirus relief bill's signing MORE (R-Calif.) suggested selling government lands, while Sen. Rand PaulRandal (Rand) Howard PaulCoronavirus in Congress: Lawmakers who have tested positive Pennsylvania congressman tests positive for coronavirus South Carolina congressman tests positive for coronavirus MORE (R-Ky.) said the administration could pay for infrastructure by withdrawing troops from Afghanistan and other combat zones.