Pete Buttigieg unveiled a trillion dollar infrastructure plan on Friday, pledging to direct federal funds to state and local governments to revitalize the nation's transport networks, clean water supply and broadband internet.
"Under my administration, local governments will finally have a partner in Washington," Buttigieg wrote in the plan. "As a former mayor, I know that priority-based budgets made locally are better than budget-based priorities set in Washington."South Bend, IN Mayor and U.S. presidential candidate Pete Buttigieg speaks to a crowd of over 850 people during his sixth visit to the Monadnock region in Keene, NH on Jan. 2, 2020.
The campaign said that the plan will be paid for by reforming the capital gains tax and repealing the 2017 GOP tax overhaul, reforms that had been previously disclosed. The campaign will also raise the estate tax, with a top rate of 65% for billionaires. The plan will create 6 million jobs, the campaign said.," Tess Whittlesey, a spokeswoman, said in an email.
$80 billion to a school repair program, allocating grants and loans to states based on poverty levels$165 billion into the Highway Trust Fund to ensure its solvency through 2029 A bipartisan infrastructure deal he championed last year fizzled as conservatives balked at the price tag. As a first-time candidate, Trump campaigned on a $1 trillion infrastructure package.
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