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Jan 22, 2010

STIMULUS FUNDS * USA - Oberstar Pushes Obama for Highway Bill Support

President remains noncommittal, but infrastructure is a ‘priority’

Washington,DC,USA -The Journal of Commerce Online. by R.G. Edmonson -Jan 21, 2010:
-- Rep. James Oberstar, D-Minn., tried to press President Obama to support a $500 billion six-year transportation spending bill during a recent Democratic caucus on Capitol Hill, but the president remained noncommittal, he said infrastructure projects were among his priorities... Obama is under pressure to bring the country out of the recession, and congressional Democrats are turning toward transportation infrastructure projects as a way to increase jobs. In December, the House passed a jobs bill that provides $75 billion for infrastructure... The White House and Senate leaders called for an 18-month extension of the existing highway program. The Senate originally followed the administration lead. Oberstar stood firm, and now the highway program will expire in February...

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