US Presidency
2021

We can afford to make them — or, put another way, we can’t afford not to. So how do we pay for it? I spoke to the Majority Leader and — no longer — I guess he’s no longer the Majority Leader; he has been for a long time. I spoke for the Republican — I spoke to the Republican Leader about the plan. Everybody is for doing something on infrastructure. Why haven’t we done it? Well, no one wants to pay for it. Less than four years ago, as I said, the Congress passed a tax cut of $2 trillion, increasing the national debt $2 trillion. It didn’t meet virtually any of the predictions it would in terms of growing the economy. Overwhelmingly, the benefits of that tax package went to the wealthiest Americans. It even included new investments that would profit by shifting profits and jobs overseas if you’re a corporation. It was bad for American competitiveness, deeply unfair to the middle-class families, and wrong for our future. So, here’s what I’d do.