Republican nominee Donald Trump proposed an infrastructure program totaling more than half a trillion dollars Tuesday, claiming it will be paid by a “fund” that “investors” and “citizens” would put money into.
Trump was asked on Fox Business about how large his proposed infrastructure investments would be.
“I would say at least double her numbers, and you’re going to really need more than that. We have bridges that are falling down,” the Republican nominee responded.
Clinton’s infrastructure proposal is estimated to cost $275 billion over five years.
A 2013 report found that one in nine bridges are “structurally deficient.”
When pressed about how he would pay for such a large government program, Trump said with a “fund.”
“Investors, people. People would put money into that fund. The citizens would put money into the fund. And we will rebuild our infrastructure with that fund and it will be a great investment and it’s going to put a lot of people to work,” Trump added.
It is unclear whether citizens putting money into a “fund” is a euphemism for a tax increase. The tax plan on Trump’s campaign website proposes over $10 trillion in cuts over the next decade according to the Tax Foundation. President Barack Obama in 2009 introduced Build America Bonds to help pay for his stimulus.