DEMS/INFRASTRUCTURE/SPENDING/TRUMP AS PRESIDENT: “President Donald Trump and Democratic leaders agreed on Tuesday [4-30-19] to spend $2 trillion on U.S. roads, bridges, power grids, water and broadband infrastructure, while leaving the thorny details of how to pay for it all to another meeting in three weeks. The two sides met at the White House and described their discussion in positive terms, but the air of bipartisan cooperation may not last long. Republicans are not willing to roll back tax cuts from Trump’s 2017 tax reform legislation, an idea Democrats who largely opposed that measure have floated as a way of financing the infrastructure plans. Trump has not decided whether he would support an increase in fuel taxes to fund infrastructure projects, according to his top economic adviser, Larry Kudlow.”
–Jeff Mason, Steve Holland, “Trump, Democrats agree to spend $2 trillion on U.S. infrastructure,” Reuters, April 30, 2019 6:55 am