Rail

Obama calls for $50B in infrastructure spending

Posted on September 7, 2010

WASHINGTON, D.C. — Speaking at a union-organized rally in Milwaukee on Monday, President Obama called for a $50-billion surge in spending on the nation's roads, runways and railroads. The $50-billion plan amounted to roughly half of what was allocated to infrastructure in last year's stimulus package, according to a Los Angeles Times report. Officials said the proposal project would build on the work already begun.

"We at Building America's Future believe it is critical that our country not only fix our aging roads and bridges, but also modernize our airports and invest in high speed rail," said Mayor Michael Bloomberg (I-N.Y.), co-chair of Building America's Future. "President Obama is right to focus now on long-term infrastructure investments. The challenge is to find the money, and we look forward to helping with that."

Added James Corless, director of Transportation for America: "While the 'front-loading' of a new transportation authorization will put many thousands of Americans to work over the next couple of years, this should not be seen as a mere short-term stimulus. This kind of aggressive, multi-year construction and rehabilitation effort is fundamental to the long-term health of our economy. The alternative is gridlocked cities, stranded rural residents, hampered freight delivery and continued over-reliance on increasingly hard-to-get oil supplies.

For the full story, click here.

 

 

View comments or post a comment on this story. (0 Comments)

More News

Alstom to provide Amtrak with new generation, high-speed train

Will run on the Northeast Corridor. Amtrak and Alstom also signed a long-term contract under which Alstom will provide Amtrak with long-term technical support and supply spare components and parts for the maintenance of the new trainsets.

Metra receives final Electric Highliners

Completes 2010's 160-car purchase to outfit the line with a completely new and modern fleet.

Amtrak's microgrid to serve as backup during power outages

In the aftermath of the 2012 Superstorm Sandy, half of the Sunnyside Yard had to rely on portable backup generators for a month due to a damaged transmission line.

Detroit's M-1 begins testing streetcar line

The slow-moving "speeder" vehicle will travel the rail line as part of a testing regimen that ensures the route is free of obstructions.

Honolulu's rail executive director/CEO resigns

Dan Grabauskas will be paid the final year of contract as part of the separation agreement, a total of $282,250. The board appointed HART board member Mike Formby as acting CEO, effective immediately.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close