President Obama to request $50 billion for infrastructure

A picture named fountainpavementdrawing.jpg

From The New York Times (Chery Gay Stolberg):

Mr. Obama will lay out the plan, which is intended to promote the creation of construction jobs over the coming year and beyond, during a trip to Milwaukee on Monday afternoon, where he will observe Labor Day by attending a union festival. It would require Congressional approval, as it envisions extending and revising a broad transportation policy bill that is usually renewed every five years or so, but has been stalled in Congress. Despite its uncertain prospects, the White House is highlighting its proposal as one part of a broader economic recovery package that Mr. Obama is to unveil during a speech in Cleveland on Wednesday. With Democrats looking at a bleak election season, in large part because of high unemployment, the White House has been scrambling to find ways to jump-start the sagging economy.

More infrastructure coverage here.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 523 other followers

%d bloggers like this: