Monday, September 6, 2010

LA Times-President Obama Seeks $50 Billion To Create Jobs

President Barack Obama: UK Telegraph
(Story reported by Kathleen Hennessey for the LA Times)

WASHINGTON — President Obama on Monday called for a $50-billion surge in spending on the nation's roads, runways and railroads, his latest effort to respond to the stubbornly sluggish economy in a political climate turning against his party.

Speaking at a union-organized rally in Milwaukee, the president said his proposal would put construction workers back to work and rebuild deteriorating infrastructure.

"It's a plan that says, even in the aftermath of the worst recession in our lifetimes, America can still shape our own destiny, we can still move this country forward, we can still leave our children something better — something that lasts," the president said, in a campaign-style speech that sought to make the case for his economic policies.

(Click here to read the full story on the LA Times website.)

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