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Monday, September 6, 2010

Here We Go,,, Throw A Bone To The Voters


Obama to propose massive rebuilding program costing at least $50 billion

Proposals to see 150,000 miles of roads, 4,000 miles of railways, 150 miles of runways constructed or rebuilt

By JULIE PACE

WASHINGTON — 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 White House announced on Monday. With November's elections for control of Congress approaching, Obama planned to discuss the proposal later Monday at a Labor Day event in Milwaukee.

The proposals would require congressional approval, which is highly uncertain with many legislators and voters worried about adding to federal deficits that are already sky-high. With Republicans saying spending is out of control and polls showing many people want to end Democrats' control of Congress, even many Democratic lawmakers are reluctant to approve new spending so close to Election Day.
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