Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Breaking News

Chuck Schumer Blasts $1T Trump Infrastructure Plan for Developer Tax Breaks

The U.S. Senate’s top Democrat on Tuesday vowed to oppose any infrastructure plan by President Donald Trump that would rely on “tax credits for developers” to rebuild the nation’s roads, bridges, airports and other such structures.

Senator Democratic Leader Chuck Schumer made the comments in a press conference to unveil a $1 trillion infrastructure plan that Democrats say would generate 15 million jobs. Trump earlier on Tuesday signed an executive action to expedite environmental approvals for high-priority infrastructure projects.

“We will not support tax credits for developers,” Schumer told reporters. He also warned that Democrats would work to include environmental protections in any infrastructure measure that moves through the Republican-controlled Senate.

Democrats argue that an investment plan relying on developer tax credits would fail to generate enough construction and would result in the creation of too many toll roads to finance costs over the long term.

Instead, Senate Democrats are seeking heavy investments by the government, including $210 billion to rebuild roads and bridges, $110 billion for water and sewage projects, $180 billion for rail and bus systems and $75 billion to rebuild schools.

Senate Majority Leader Mitch McConnell, a Republican, has criticized plans that substantially add to the U.S. government’s budget deficits, and his support would be essential to any infrastructure measure succeeding in Congress.

Trump campaigned throughout last year on a promise to pursue a $1 trillion infrastructure program, which would come at a time when major public works projects are crumbling. The economy, however, also faces a shortage of the skilled workers needed to build roads, bridges, airports and other facilities.

A message from our CEO & publisher Rachel Fishman Feddersen

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.

We’ve set a goal to raise $260,000 by December 31. That’s an ambitious goal, but one that will give us the resources we need to invest in the high quality news, opinion, analysis and cultural coverage that isn’t available anywhere else.

If you feel inspired to make an impact, now is the time to give something back. Join us as a member at your most generous level.

—  Rachel Fishman Feddersen, Publisher and CEO

With your support, we’ll be ready for whatever 2025 brings.

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at editorial@forward.com, subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.

Exit mobile version