Factbox: Obama proposes $50 billion for road, rail, airways
MILWAUKEE | Mon Sep 6, 2010 7:01pm EDT
MILWAUKEE (Reuters) - President Barack Obama would spend $50 billion on revamping highways, rails and airport runways to create jobs in the near term and improve the long-term U.S. transportation network.
WHERE THE MONEY WOULD BE SPENT
The White House said it would:
-- Rebuild 150,000 miles of roads and bridges while expanding capacity on some of them.
-- Construct and maintain 4,000 miles of rail lines, both high-speed rail and commuter lines. The plan also would "invest in a long-overdue overhaul of the Amtrak passenger fleet."
-- Rehabilitate or reconstruct 150 miles of airport runways and put in place a NextGen air-traffic control system. Among improvements would be use of a satellite-based surveillance system, which would be more accurate than ground-based radar.
READ MORE AT:
http://www.reuters.com/article/idUSTRE6853DB20100906
MILWAUKEE | Mon Sep 6, 2010 7:01pm EDT
MILWAUKEE (Reuters) - President Barack Obama would spend $50 billion on revamping highways, rails and airport runways to create jobs in the near term and improve the long-term U.S. transportation network.
WHERE THE MONEY WOULD BE SPENT
The White House said it would:
-- Rebuild 150,000 miles of roads and bridges while expanding capacity on some of them.
-- Construct and maintain 4,000 miles of rail lines, both high-speed rail and commuter lines. The plan also would "invest in a long-overdue overhaul of the Amtrak passenger fleet."
-- Rehabilitate or reconstruct 150 miles of airport runways and put in place a NextGen air-traffic control system. Among improvements would be use of a satellite-based surveillance system, which would be more accurate than ground-based radar.
READ MORE AT:
http://www.reuters.com/article/idUSTRE6853DB20100906
Ken Prendergast
Executive Director
All Aboard Ohio
12029 Clifton Blvd., Suite 505
Cleveland, OH 44107
(216) 288-4883
kenprendergast@allaboardohio.org
www.allaboardohio.org
Executive Director
All Aboard Ohio
12029 Clifton Blvd., Suite 505
Cleveland, OH 44107
(216) 288-4883
kenprendergast@allaboardohio.org
www.allaboardohio.org