Bus

Obama calls for $50B transportation investment

Posted on October 11, 2010

[IMAGE]Obama-infrastructure-10-11-10-full-2.jpg[/IMAGE]WASHINGTON, D.C. — On Monday, President Obama called for bipartisan support of increased funding for transportation initiatives, emphasizing that an overhaul of the "woefully inefficient" transit system is necessary to reduce unemployment and remain competitive internationally, according to CBS News. The president added that his six-year, $50 billion initiative would not only repair and modernize U.S. roads, rails and air systems, but also create jobs. For the full story, click here.

 METRO TV: To watch a video of the press conference, click here.

To read the Economic Analysis of Infrastructure Investment report, click here.

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