Monday, September 6, 2010

Obama proposes $50 billion for road, rail, airways

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
 
 
Ken Prendergast
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