Stimulus Plan Into Action News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Don't do it. it's a trap. and joining us now is the white house aide who put president obama's stimulus plan into action. being with us tonight. explain to us what you meant by stay away, it's a trap. >> well, it is a trap because it's not really an infrastructure plan. to investors in the construction industry, the utility industry. it doesn't do anything to fix our municipal water systems, to fix bridges that don't charge a toll, to do the work we need to do. investors in for-profit projects and a huge tax break for contractors, huge handout to money, don't have to create a single new job. i...

It's in the a plan to borrow $1 trillion and spend it on much needed projects which would be the straightforward obvious thing to do. instead trump's plan would have private investors do the work both of raising money and building the project with the aid of a huge tax credit that gives them back 82% of the equity they put in. and the man who helped implement president obama's infrastructure initiative says it's not so much a plan as it is a tax cut for utility industry and construction tax structures. don't do it. it's a trap. and joining us now is the white house aide who put president obama...

Needed projects which would be the straightforward obvious thing to do. instead trump's plan would have private investors do the work both of raising money and building the project with the aid of a huge tax credit that gives them back 82% of the equity they put in. and the man who helped implement president obama's infrastructure initiative says it's not so much a plan as it is a tax cut for utility industry and construction tax structures. don't do it. it's a trap. and joining us now is the white house aide who put president obama's stimulus plan into action. all right, thank you so much for...