Mnuchin: Trump’s Trillion $$ infrastructure plan won’t necessarily cost a trillion dollars…

by The Right Scoop

Neil Cavuto asked Trump’s Treasury Secretary, Steven Mnuchin, how this Trillion dollar infrastructure plan will be paid for:

I don’t know about you but I don’t find that very comforting. Yes, I know it’s early, but seriously, since when did an infrastructure plan have to be a trillion dollars? I know Obama did it in 2009, but that was a boondoggle.

Even if every penny of this is legitimately going to infrastructure and is paid for by cuts from here or there (I don’t see how but let’s stipulate that), the idea that we’re spending a trillion dollars seems mind boggling. After all, the estimated revenue for the federal government in 2017 is only $3.632 trillion. So we’re spending almost one third of that on infrastructure?

I know Trump has done some good stuff already and this is still early in the process, but I hope Congress rejects the idea that we’re going to spend this amount of taxpayer money on one big program.

I think Amanda Carpenter nailed it the other day with this tweet:


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