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Obama Wants $50 Billion for Roads, Railways, Airports

3 years ago
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In a Labor Day speech in Milwaukee, President Barack Obama will call for $50 billion in government spending to spark a six-year public works plan focused on improving roads, rail transportation and airport runways.

White House officials said the money would be used to rebuild 15,000 miles of roads, construct and maintain 4,000 miles of railway and rehabilitate or reconstruct 150 miles of airport runways.

The White House says the plan would create jobs in the short term, and that it will work with Congress to find ways to pay the costs without increasing the deficit. One possibility would be to cut existing subsidies for oil and gas exploration and production, The New York Times reported.

Obama is expected to issue his call in Milwaukee on Monday afternoon while attending a union festival. The spending is part of a larger economic recovery package that the president will unveil during a speech in Cleveland on Wednesday.

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2 Comments

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catalogsplus

Obama has offered our nation nothing new. His solution for everything seems to be to throw money at it. Someone with no experience could do that. Oh wait, someone with no experience IS doing that.

September 07 2010 at 1:11 PM Report abuse +2 rate up rate down Reply
Rob & Kathy

Didn't Obama sell the $800 billion "stimulus" for this purpose? What happened with that?...

September 07 2010 at 11:10 AM Report abuse +5 rate up rate down Reply
Bill Conklin

What happened to the three quarters of a Billion stimulus that was supposed to do the same thing. Where are the bridges? Roads? My question, is the word "infrastructure" pandering to Unions and their jobs or will the proposed spending (I shudder when I hear that word these days) produce jobs for all Americans who want to work on these projects? I voted for hope and change, I'm feeling pretty hopeless these days and the only change is for the worse.

September 07 2010 at 8:58 AM Report abuse +7 rate up rate down Reply
kaaaye

Obama needs to wake up. How is spending 50 Billion on roads, highways and bridges going to help the majority of people out of work. It will all go to the big companies who already have their employees while the American people are still hanging out here with no relief in sight. Most peole cannot pay their bills thanks to the bailout to the big Banks, our creit has been cut, no matter if we always paid our bills. People are still losing their homes for the same reason, cannot put food on their tables. Will he not be happy until he puts every middle class American in the street?

September 06 2010 at 9:52 PM Report abuse +18 rate up rate down Reply
bellerophon85a

This is just another union payoff and will create few new jobs. Profits will go to select middlemen whose only equipment is a telephone and a desk. You will not see non-union contractors getting this work.

September 06 2010 at 8:47 PM Report abuse +20 rate up rate down Reply
sysaphus71

BUILDING INFRASTRUCTURE IS GREAT....WHEN YOU HAVE A BOAT FULL OF MONEY IN THE TREASURY.......last I looked we are broke....so how much interest is on 50 billion spread out over who knows how many years.....and just who are we to borrow this from? Is it that hard for you to understand we HAVE TO STOP SPENDING MONEY WE DON'T HAVE..... WAKE UP .....This administration is CLUELESS....and WE are going to pay for it so they can experiment with the countries future....just so they can save a few votes Honest to God if it wasn't so serious and pathetic ...it would be laughable.

September 06 2010 at 8:25 PM Report abuse +13 rate up rate down Reply
2 replies to sysaphus71's comment
Jason LaFleche

Is it akin to how Bush spent money that had to be borrowed for two wars that we couldn't afford? In fact, that's why we're in this predicament...That was the administration that was, how you said, "clueless".

September 06 2010 at 9:58 PM Report abuse -11 rate up rate down Reply
kpsra

Dont worry China will keep bailing us out...then eventually they will own all the the Great Old USA!

September 06 2010 at 10:14 PM Report abuse +4 rate up rate down Reply
barney2022

Now Obama is upset because they "talk about him like he is a dog"? Are we supposed to feel sorry for this man? I think his biggest insecurity is that he still doesnt believe he is president.

September 06 2010 at 7:44 PM Report abuse +17 rate up rate down Reply
Darling

you people are missing the point.obama does want to get jobs for americans.but he just wants union jobs.why is it when the cities or the states say they are broke its always and i mean always teachers,policemen,firemen that are always threatened to get the axe first?because thats a scare tactic.if you dont pay more in taxes you dont care about the poor kids or you dont care about safety.but the bottom line is that the pensions of these groups are killing our cities and states.if you dont agree thats fine at least look it up and find out just how much we are on the hook for.

September 06 2010 at 7:26 PM Report abuse +20 rate up rate down Reply
motorprops

While this is start the report that came out last week said that we need $2trillion to fix the inferstructure that we let fall apart so we could fund the attacks on Iraq to help the oil companies make record profits

September 06 2010 at 7:09 PM Report abuse -5 rate up rate down Reply
Darling

my father lives just outside of chicago.he has 3 road construction jobs going on within 2 miles of his home.all 3 are on hold because the unions are complaining about more money.start the project tear up yje streets and then hold them hostage.unions you should be proud of yourselves.

September 06 2010 at 7:06 PM Report abuse +20 rate up rate down Reply
1 reply to Darling's comment
bytbay

Unions are the cause of the fall of this great nation! Unions did not make America great, these people simply show up to punch a clock. They may have played a role in suppling labor but it's the leaders who employed them. Not the Union leader! Obama is no leader! He has no understanding to what made our nation great!!!

September 06 2010 at 9:13 PM Report abuse +14 rate up rate down Reply

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