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infrastructure spending News

infrastructure spending News From AOL News

Obama Hopes to Build Roads, Runways and Jobs

By Joseph SchumanSep 6th 2010 – 3:22PM
Pablo Martinez Monsivais, AP

Pablo Martinez Monsivais, AP

(Sept. 6) -- President Barack Obama made a Labor Day pitch for some $50 billion in new road, rail and airport construction projects with a plan that aims to overhaul national infrastructure spending and jump-start job creation, as well as a campaign season slap at Republicans he accused of obstructing both those goals. In...

Obama to Back $50B in Infrastructure Spending

Sep 6th 2010 – 6:54AM
Saul Loeb, AFP/Getty Images

Saul Loeb, AFP/Getty Images

WASHINGTON (Sept. 6) -- President Barack Obama is asking Congress to approve at least $50 billion in long-term spending in the nation's roads, railways and runways in a pre-election effort to show he's trying to stimulate the sputtering economy. The infrastructure spending is part of a package of targeted proposals the...

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