President Trump Mentions Opportunity Zones During SOTU

During the 2020 State of the Union (SOTU) address to a joint session of Congress President Donald J. Trump said the following on Opportunity Zones, “Jobs and investments are pouring into 9,000 previously neglected neighborhoods thanks to Opportunity Zones, a plan spearheaded by Senator Tim Scott (R-SC) as part of our great Republican tax cuts. (Applause.) In other words, wealthy people and companies are pouring money into poor neighborhoods or areas that haven’t seen investment in many decades, creating jobs, energy and excitement. (Applause.) This is the first time that these deserving communities have seen anything like this. It’s all working.”