Obama says will push for new infrastructure plans
Posted: Wed Aug 31, 2011 9:49 amObama says will push for new infrastructure plans
WASHINGTON (MarketWatch) -- President Barack Obama on Wednesday said he wanted to have a "serious conversation" with Congress next month about funding key infrastructure projects. "It is unacceptable when countries like China are building high-speed rail networks and gleaming new airports while more than a million construction workers who could be doing the same thing are unemployed right here in America," Obama said in short remarks in the Rose Garden. Obama said he has asked federal agencies to indentify key projects that have already been funded and could be speeded-up. Obama also called on Congress to extend a measure that funds highway construction projects by means of an existing tax on gasoline. That measure could expire at the end of September without Congressional action. A similar measure to fund airport construction also needs to be extended.
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WASHINGTON (MarketWatch) -- President Barack Obama on Wednesday said he wanted to have a "serious conversation" with Congress next month about funding key infrastructure projects. "It is unacceptable when countries like China are building high-speed rail networks and gleaming new airports while more than a million construction workers who could be doing the same thing are unemployed right here in America," Obama said in short remarks in the Rose Garden. Obama said he has asked federal agencies to indentify key projects that have already been funded and could be speeded-up. Obama also called on Congress to extend a measure that funds highway construction projects by means of an existing tax on gasoline. That measure could expire at the end of September without Congressional action. A similar measure to fund airport construction also needs to be extended.
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