Populist Proposal to Auction Distressed Government Assets to Raise over $1.1 Trillion for Trump’s Working-Class Agenda Gains Renewed Interest

by Matthew Boyle
Breitbart.com

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 called the Generating American Income and Infrastructure Act. The so-called GAIIN Act, for short, even won the support of then-President Trump according to an interview Kelly did with Breitbart News in 2018. But, as Trump’s bipartisan efforts stalled out when Democrats went after him later that year with bogus impeachment charges, the proposal similarly lost steam.

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