President Donald Trump on Wednesday praised the construction of his first major infrastructure project in more than a decade, promising to “build the next great” White House.
Trump, speaking at a ribbon cutting ceremony for the $4.5 billion project, called the construction a “once-in-a-generation opportunity” and a “new beginning.”
“We are a nation of builders.
We have a builders’ renaissance in our country,” Trump said.
“And we are going to build this next great White House that we’ve never seen before.
And we are not going to rush it, and we’re going to keep it as long as we have to.”
The construction of the $3.8 billion, 1,300-room hotel and condo project in Washington’s Georgetown neighborhood will be financed through the federal Housing and Urban Development (HUD) Housing and Community Development Block Grant program.
Trump said he will use federal funds to pay for the hotel’s construction and construction of an extension to the Washington Monument that will be located on top of the existing structure.
The monument is expected to be completed by the end of 2020, with construction slated to be complete in 2021.
Trump said he is committed to spending $4 trillion over the next 10 years to repair and expand infrastructure across the country.
“I am the only one in history who has never built a monument,” he said.
Trump also touted his efforts to cut taxes by cutting spending and cutting regulations.
“We’re going out and fixing the swamp and we are cutting regulations,” he told the crowd.
“We’re putting millions of people to work.
We’re bringing our jobs back.
We are bringing our economy back.
And, by the way, we’re cutting taxes tremendously.
“My plan is to cut all the spending and make all the taxes go up,” he added.”
The president spoke to a crowd of more than 1,000 people at the ribbon cutting at the Trump National Golf Club in Bedminster, New Jersey, the president’s latest trip to the area.”
My plan is to cut all the spending and make all the taxes go up,” he added.
The president spoke to a crowd of more than 1,000 people at the ribbon cutting at the Trump National Golf Club in Bedminster, New Jersey, the president’s latest trip to the area.
Trump on Wednesday also touted the “great spirit” and “the unity” of his administration as he toured the historic Capitol Building and praised the work of members of the American Civil Liberties Union and the American Red Cross.
I’m very proud to be part of the great spirit that’s going to be on display as we get back to work,” Trump told the gathered crowd.