President says it should be ‘VERY BIG & BOLD’ with focus on jobs, infrastructure

Source: By Catherine Lucey and Andrew Duehren, Wall Street Journal • Posted: Wednesday, April 1, 2020

Trump Calls for New $2 Trillion Infrastructure Bill

Congress has already passed, and President Trump has signed, a roughly $2 trillion stimulus bill. Photo: andrew caballero-reynolds/Agence France-Presse/Getty Images

He added: “Our interest payments would be almost zero and we can borrow long term. People want to be in the United States. They want to be invested in the United States.”

In a reference to a possible fourth round of legislation responding to the coronavirus outbreak, which has killed more than 3,000 people in the U.S., Mr. Trump tweeted: “Phase 4.”

The divided Congress has already passed three major pieces of legislation to address the pandemic: a roughly $2 trillion stimulus bill that includes checks to households, bailouts for airlines and other distressed industries, and loans and grants for small business; an earlier package of tax credits and increases for unemployment benefits and food assistance; and fresh funds for health agencies and virus testing