• 2 days Under COVID, The Rich Got Richer
  • 3 days Will Biden Lift Sanctions On Venezuela?
  • 4 days How To Play The Next Stage Of The Marijuana Boom
  • 4 days India Looks To Import More Venezuelan Oil Under Biden
  • 4 days 3 Unstoppable Stocks With A Biden Boost
  • 5 days The Biggest Biotech Story Of 2021?
  • 5 days Biden Looks To Rejoin Paris Climate Agreement
  • 6 days Capital One Fined Again For Money-Laundering Failure
  • 6 days The Star-Studded Fund Backing Clean Energy Startups
  • 7 days The Unexpected Retail Segment On Track To Hit $68B
  • 9 days Oil Demand Falters On New Wave Of Lockdowns
  • 10 days Signal, Telegram Gain Ground As Social Censorship Breaks Headlines
  • 11 days Investors Should Be Worried About Tech Stocks
  • 13 days Battle For Market Share Intensifies In COVID Streaming War
  • 15 days Censorship Is Now Private, And That’s Scary
  • 17 days Markets Hit ‘Ignore’ Over Capitol Coup
  • 19 days Tesla’s China Strategy Is Yet Another ReasonTo Double Down
  • 20 days NYSE Reverses China Company Delisting Plans … For Now
  • 22 days The Dollar Could Remain Weak For Years To Come
  • 25 days The Simple Secret To Tesla-Like Gains
The Biggest Biotech Story Of 2021?

The Biggest Biotech Story Of 2021?

otech companies exploded in 2020…

India Looks To Import More Venezuelan Oil Under Biden

India Looks To Import More Venezuelan Oil Under Biden

India hopes it could diversify…

Capital One Fined Again For Money-Laundering Failure

Capital One Fined Again For Money-Laundering Failure

The Treasury Department's Financial Crimes…

  1. Home
  2. News
  3. Breaking News

Trump Wants Another $2 Trillion Economic Intervention

Trump Intervention

As the United States continues to grapple with a growing number of coronavirus cases, President Donald Trump is calling on yet another trillion-dollar spending plan to help bolster the economy.

On Tuesday morning, U.S. President Donald Trump tweeted that Congress should pass a $2 trillion spending plan to revitalize the country's roads, bridges and other critical infrastructure, calling for it to be included in "Phase 4" of the country's measures to combat the impact of the COVID-19 crisis.

President Trump has been pushing for a major infrastructure bill since taking office four years ago. The President's tweet comes as lawmakers in both Congress and the Senate are weighing different plans to provide relief for Americans, though some have voiced concern about simply throwing money at the problem. Related: U.S. Regulators Take Aim At Foreign Investments

Democrat Nancy Pelosi, and two other house committee chairmen informed reporters that they would like the new plan to include measures to boost broadband accessibility, water infrastructure, and bolster health care options to better protect essential workers in the field. They also called for an extension of direct payments to Americans in this time of crisis.

A Trillion Here, A Trillion There...

Trump recently signed the $2.2 trillion economic relief package into legislation, targeting local businesses and employees impacted by the economic fallout of the COVID-19 crisis.

The 880-page, $2.2 trillion coronavirus stimulus package, which was passed and signed into law by President Trump last Friday, was one of the largest financial interventions the United States has ever seen, with significant amounts of money allocated to individuals, large corporations and local business-- and its approval in the Senate came despite issues on both sides of the aisle.

By Michael Kern for Oilprice.com 

More Top Reads From Safehaven.com:

Back to homepage

Leave a comment

Leave a comment