US EditionExclusive: Populist Proposal to Auction Distressed Government Assets to Raise over $1.1 Trillion for Trump’s Working-Class Agenda Gains Renewed Interest
- A populist proposal called the Gaiin Act aims to auction distressed federal government assets to raise over $1.1 trillion for infrastructure and policy priorities for working-class Americans.
- The Gaiin Act received support from former President Donald Trump and is gaining renewed interest from Congress members and influential figures in Washington.
- A budget analysis by Andy Koenig indicates that implementing this proposal could generate $1 trillion in savings without raising taxes over ten years.
- The Gaiin Act could provide relief to underserved communities and is seen as a potential bipartisan solution for funding infrastructure initiatives.
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bwcentral.orgExclusive: Populist Proposal to Auction Distressed Government Assets to Raise over $1.1 Trillion for Trump’s Working-Class Agenda Gains Renewed Interest
A populist proposal to auction off distressed federal government assets, such as loans, to pay for infrastructure and other policy priorities for working-class Americans is gaining renewed interest ahead of former President Donald Trump’s return to the White House next week. Back in Trump’s first term in office, a bipartisan group of congressmen—Rep. Mike Kelly (R-PA) and then-Reps. Ted Budd (R-NC) and William Lacy Clay (D-MO)—introduced a plan …
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