Obama to Back $50B in Infrastructure Spending

Now do you understand why it's so important to recognize that the New Deal was an Epic Fail?
 
Its going to unions again the average American is pissed on, but the shit stain can relate.
 
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[SIZE=+7][FONT=ARIAL,VERDANA,HELVETICA]ADDICTED TO STIMULUS: WANTS $50,000,000,000 MORE[/FONT][/SIZE]
WASHINGTON (AP) - Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads, railways and runways that would cost at least $50 billion.
The infrastructure investments are one part of a package of targeted proposals the White House is expected to announce in hopes of jump-starting the economy ahead of the November election. Obama will outline the infrastructure proposal Monday at a Labor Day event in Milwaukee.

While the proposal calls for investments over six years, the White House said spending would be front-loaded with an initial $50 billion to help create jobs in the near future.

The goals of the infrastructure plan include: rebuilding 150,000 miles of roads; constructing and maintaining 4,000 miles of railways, enough to go coast-to-coast; and rehabilitating or reconstructing 150 miles of airport runways, while also installing a new air navigation system designed to reduce travel times and delays.

Obama will also call for the creation of a permanent infrastructure bank that would focus on funding national and regional infrastructure projects.

Administration officials wouldn't say what the total cost of the infrastructure investments would be, but did say the initial $50 billion represents a significant percentage. Officials said the White House would consider closing a number of special tax breaks for oil and gas companies to pay for the proposal.

My Way News - Obama calling for more infrastructure spending


The Good Lord help us all. This man, not content with bankrupting our grandchildren, now seeks to do the same with our great, great, great grandchildren.


Liberals were always for spreading the miseray around!.



You were right Willow. He's going to do another stimulus but call it something else. Now it's "infrastucture spending."



Does Obama think we are so stupid that will fool us?



We will remember In November! :mad:

merge
 
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I doubt the Dems in Congress will go for this. They are already in enough trouble as it is with voters over out of control spending.
Besides, what was the initial "shovel ready projects" stimulus all about anyway?
 

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