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Nightly News
Town residents claim Trump’s FoxConn factory deal failed them
This version of Town Residents Claim Trump S Foxconn Factory Deal Failed Them 64256069525 - Breaking News | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.
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President Trump announced the plan to build a $10 billion manufacturing hub two years ago, creating 13,000 blue collar jobs -- and in return, securing FoxConn more than $4 billion in tax breaks from the state of Wisconsin. But to make the plant possible, Mt. Pleasant had to borrow money to buy up land -- and now the town’s credit rating has been downgraded.July 21, 2019
