Wednesday, October 20, 2010

Obama touts $50 billion transportation proposal

President Obama on Monday lobbied for Republican support from Capitol Hill for a burst of spending on transportation projects, calling his proposal a jobs creator for the middle class and an overdue investment in the country's foundation.

"There's no reason why we can't do this," Mr. Obama said in a brief Rose Garden event. "There's no reason why the world's best infrastructure should lie beyond our borders. This is America. We've always had the best infrastructure. ... All we need is the political will."

Mr. Obama is proposing a $50 billion plan as an initial step toward a six-year program of transportation programs. It calls for building, fixing or maintaining thousands of miles of roads, rail lines and airport runways, along with installing a new air navigation system to reduce travel delays, and other projects.

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