He also said that “both parties should be able to unite for a great rebuilding of America’s crumbling infrastructure.” Democrats and Republicans want to upgrade U.S. roads, bridges and tunnels, but need to resolve differences about how to fund the improvements.
Trump called investing in American infrastructure “a necessity” rather than an option, but did not go into details of how he wants to fund it. The White House has previously called for a mixture of public and private funding.
During his presidential campaign, Trump called for spending $1.5 trillion over a decade for infrastructure projects, but major funding has not been forthcoming.
Trump also pushed for “reversing decades of calamitous trade policies.” The president is currently facing the toughest stretch in reaching his campaign goal of rebuilding U.S. trade relationships. He aims to overcome congressional skepticism to pass a new North American trade agreement and strike a trade overhaul with China by March 2.
“I have great respect for President Xi [Jinping], and we are now working on a new trade deal with China. But it must include real, structural change to end unfair trade practices, reduce our chronic trade deficit and protect American jobs,” he said.
Even many Democrats agree with Trump’s effort to revise trade deals and enforce better protections for U.S. workers. But members of both parties who favor free trade have pushed back against his tariff policy that threatens a devastating trade conflict with China if the world’s two largest economies cannot strike a new agreement.
In addition, Trump called for lawmakers to “do more” to cut drug prices, calling it “unfair” that medicine in the U.S. often costs more than in other countries. Still, Republicans and Democrats need to agree on how best to reduce those costs for consumers.
from Viral News Updates http://bit.ly/2Ge3AEm
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