Donald Trump is set to invest an unprecedented $20.9 billion in manufacturing facilities over the next decade, according to a White House economic advisory panel that is working to overhaul the federal workforce.
Trump, who has been campaigning on his plan to make America rich again, will also double the number of jobs in the manufacturing sector to 890,000 and triple the number employed in the agricultural sector to 1.5 million.
Trump’s budget blueprint for 2019 includes $30 billion for the construction of 1,400 manufacturing facilities.
The bulk of the investment would go to the United States Steel Corporation, the world’s largest steel maker, which Trump has called a “toxic” company.
Trump has made no secret of his disdain for the steel industry, and he vowed to make steel the cheapest and most reliable material on the planet.
In May, he pledged $1 trillion to help steel companies rebuild after the deadly earthquake and tsunami that hit the Philippines in October 2016.
The $1.5 trillion is part of a $50 billion stimulus package for the industry and Trump’s administration has also proposed increasing the minimum wage from $7.25 an hour to $10.10.
Trump also has vowed to help create thousands of new jobs in agriculture, which he has said has “gotten to be one of the hardest jobs in this country” and “never will be the same.”
The President has also promised to help farmers and ranchers compete with the global meat industry, which employs more than half of all Americans.
But the plan, which was first reported by Politico, will not affect the roughly 400,000 U.S. farms and ranches that have closed in the past two decades, according the report.
Trump said he will be looking for ways to help agriculture grow “bigger and faster” by investing in infrastructure and “doing things that are going to help us get there.”
But critics have slammed the plan as too little and too late.
Trump was sworn in as president on Jan. 20, and many have called for a halt to all federal spending.
“We need to fix our broken government, and we need to start rebuilding the country,” he said in a January speech in Iowa.
“This is going to take a while.”