Remember meForgot password?
    Log in with Twitter

article imageObama plans to invest in infrastructure

By Lewis McCathie     Mar 30, 2013 in Politics
Miami - President Obama on Friday unveiled plans to invest billions of dollars in to America's infrastructure as he tries to get the economy moving in the right direction.
Speaking from Port Miami, The Guardian reports that he spoke of new proposals to revamp the country's ailing highways, bridges and other projects.
"In a time of tight budgets we have got to do it in a way that will ensure taxpayers' money is spent wisely" he said.
According to BBC News, he was sure that these plans would create thousands of more jobs and boost the US economy.
"There are few more important things we can do to create jobs right now and strengthen our economy over the long haul than rebuilding the infrastructure that powers our businesses and our economy."
However these proposals would ultimately require Congressional approval, and it is believed that Republicans would oppose further more government spending, instead calling for cutbacks.
An official within the Obama administration responded by saying that these infrastructure plans would not add to the federal budget deficit.
In conclusion, Obama had this to say on the matter:
"I know that members of Congress are happy to welcome projects like this in their districts, I know because I've seen them at the ribbon-cuttings.
"If you think it's good for your district, then it's probably good for other districts, too."
More about US, Economy, infrasture, Society, Politics
More news from
Latest News
Top News